Economy 1010
Ferrari Wants To Tap Into New Customer Base With Roma
Ferrari hopes that its new Roma grand tourer will attract new customers previously intimidated by high-performance supercars.
Letters for Nov. 29
Don’t speed and you won’t payRe: Police chief opposed to nixing photo radar, Nov. 27I have been caught speeding by photo radar more than once. Guess what? I was speeding.Reviewing photo radar on th…
An erupting volcano in Mexico forced KLM passengers to take an 11-hour flight from Amsterdam to ... Amsterdam
Passengers travelling on a KLM flight on Thursday were forced to endure an 11-hour journey that ended with them being dropped them off exactly where they started because of an erupting volcano.
India quarterly growth falls to worst level in six years
India's economy grew at its slowest pace in more than six years in the July-September period, down to 4.5 percent from 7.0 percent a year ago, according to government figures released Friday that piled more pressure on Prime Minister Narendra Modi.
Huawei plans legal challenge to latest US pressure: report
Chinese telecoms giant Huawei is preparing a legal counterpunch against new moves by American regulators to bar the company from accessing $8.5 billion in US federal funds for services and equipment, a report said Friday.
Magu to religious leaders: Preach integrity, hardwork
The acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, on Friday urged religious leaders to preach integrity
Surge of activity in Auckland investment market - Colliers
A strong surge in activity over the last two months has contributed to a record year across all four offices that make up Colliers International’s Auckland Investment Sales team.
Daily Mail owner buys i newspaper for £50m
DMGT buys the newspaper from JPI Media, which took over Johnston Press last year.
Man wins appeal over lack of detail in mortgage debt demand
A man has won a Supreme Court appeal which centred on a claim he was entitled to more detail about how a €221,000 mortgage debt was calculated before a bank obtained judgment for the money against him.
Tories slammed by free market groups over state aid pledges
Business and free market groups slammed pledges today by Boris Johnson to expand state aid for businesses if the Conservative [...]
AmBank Group to disburse up to RM6b of loans in 2H 2020
KUALA LUMPUR, Nov 29 — AMMB Holdings Bhd (AmBank Group) targets to disburse up to RM6 billion in loans in the second half of its financial year ending March 31, 2020 (H2 2020), driven by the current positive sentiment in the industry’s loan growth segment. Chief executive officer Datuk Sulaiman...
Who's winning the lithium-ion battery race? EV battery megafactories compete
Demand for Li-ion batteries is growing faster than supply and industry forecasters can keep up
Man pleads guilty to fentanyl trafficking charge
CONCORD, N.H. (AP) - A Massachusetts man has pleaded guilty in federal court in New Hampshire to a fentanyl trafficking charge.
November Portfolio Update - Prefs And Finance
This month saw a smaller amount of overall investments, mostly going into finance, some oil/energy, preferred stock, and other debt instruments.FX is somewhat improved, but still at prohibitive levels
Slow Q2 GDP growth: Weak credit, manufacturing need fixing, say experts
The rate of economic expansion was the lowest in more than six years; it slipped from 5 per cent in Q1 this year and 7.1 per cent in Q2 of FY19
NATO seeks to head off budget row saying spending is rising
BRUSSELS (AP) - NATO Secretary-General Jens Stoltenberg said Friday that European allies and Canada are spending even more than previously thought on defense, just days before U.S. President Donald Trump is expected to demand once more that other leaders boost their military budgets.
Our fear of China is not loathing
Australia's leaders are right to keep their cool on China, but they must respond to the regime's intrusions into our democratic and other institutions.
B.C. Transit advisories for Greater Victoria on Friday afternoon
B.C. Transit says there are potential issues with the following bus trips Friday morning: 8 Oak Bay - from Camosun College Interurban at 2:51 p.m. 11 UVIC - from Tillicum Centre at 3:31 . . .
Education Can’t Wait invests in Ethiopia refugees’ school
Education Can’t Wait (ECW), a global fund dedicated to education in emergencies, invests in the construction of 84 classrooms for refugees in Gambella region of Ethiopia.
Vegetable vendors in Vijayapura to resume trade
They have been protesting against eviction of hawkers from the Nehru Market Lane
India's Q2 GDP growth dips to over 6-yr low of 4.5%; manufacturing weighs
This GDP growth data for the September 2019 quarter is the lowest since January-March of 2012-13, when it was registered at 4.3%
Saudi Aramco IPO received $44.3 billion in bids so far: Samba Capital
The state-owned oil giant plans to sell 1.5% of the company's shares for as much as 96 billion riyals ($25.6 billion), a deal which would give it a market value of $1.7 trillion
Fashola under fire for ‘deceptive’ tweet on privately-funded road
Nigerians on Twitter have reacted to the portrayal of a six-kilometer private road project as government-owned by Babatunde Fashola, minister of works and housing.
Former WVZ security guards seek ED's audience over contract termination
Former World Vision Zimbabwe security guards retrenched in 2011 without terminal benefits are planning to engage President Emmerson Mnangagwa for him to r...
Onion crisis eases in Tirupati, Chittoor
No cap on quantity at Rythu Bazaars
Why 8th Senate rejected Buhari’s $29.96bn loan request – Shehu Sani
Sunday Aborisade, Abuja The chairman of the Senate Committee on Local and Foreign Debt in the 8th National Assembly, Senator Shehu Sani, has explained why the federal parliament rejected Preside...
That Recruitment Letter From Harvard Probably Doesn’t Mean Much
Especially if you’re African-American, according to a new study.
India’s economic growth cools to six-year low
Slowdown in rate of expansion is latest sign of deepening gloom
Good Weekend's Who Mattered 2019: Business
The corporate heavyweights speaking up on social issues: Atlassian boss Mike Cannon-Brookes, Qantas head Alan Joyce and retiring BHP CEO Andrew Mackenzie. Plus: our whistleblowers, and Melanie Perkins.
How terminal illness can get you into debt
Being diagnosed with a terminal illness is terrifying anyway, let alone went you have to think about money.
Minister: Malaysian film industry in for better times following co-production agreement with Australia
PUTRAJAYA, Nov 29 — The Malaysian film industry is in for better times following the signing of a co-production agreement between Malaysia and Australia in Sydney today. Communications and Multimedia Minister Gobind Singh Deo said that with the signing of the agreement, Malaysian productions will...
Daimler could face further recalls in Germany due to diesel cheating: magazine
BERLIN (Reuters) - German luxury carmaker Daimler (DAIGn.DE) could face further recalls related to manipulated diesel engines in some of its compact car models, weekly magazine Der Spiegel said on Friday, without citing sources.
India plans security audit of WhatsApp after hacking attempt
Troubles in WhatsApp's largest market.
Rajat Sharma resigns yet again
Rajat Sharma once again chose to relinquish his post as president of the Delhi and District Cricket Association (DDCA) following “differences” with a majority of the Apex Council members.In his resign
Seven Chinese universities in top 10 of QS Asia Rankings
QS Quacquarelli Symonds, a London-based higher education analyst firm, released on Wednesday its latest assessment of Asia’s 500 best universities
Gold price drop triggers heavy buying in India; demand wanes in other hubs
Dealers were charging a premium of up to $1.5 an ounce over official domestic prices this week, compared with a discount of $3 last week
Crypto Exchange Admits 'Missing' CEO Has User Funds Access Amid Exit Scam Fears
In a story reminiscent of the QuadrigaCX scandal, crypto exchange platform, IDAX Global, has no idea where its CEO is.
Tesla Expands Its Australian Megabattery Empire
The world's biggest battery is about to get 50% bigger (and could double again).
Aarey Colony: Uddhav Thackeray stops work on car shed after taking charge as Maharashtra CM
The Bombay High Court had last month dismissed petitions asking it to give Aarey the status of a forest, and stop cutting the trees.
Bitcoin Price Hits Tipping Point Above $7.6K — Pivotal Weekend Ahead
Bitcoin bulls and bears are set to have a key battle going into the weekend at a critical price level that could set the tone for the rest of the year.
Fears Cross Tay Link Road will not reduce congestion
Bridgend, Gannochy and Kinnoull Community Council (BGKCC) question impact
'The markets are not thinking about it yet' — BlackRock boss Larry Fink reportedly expects political turmoil in 2020
BlackRock CEO Larry Fink is reportedly worried about political instability in 2020, and doesn’t view investors as awake to the risks.
Company apologizes after uproar over headscarf ban
A recruitment firm apologized and fired a staff member after it was revealed on social media that it turned down the employment application of a...
Jacob Zuma loses appeal in corruption trial
Zuma and Thales still have the possibility to appeal to the Supreme Court and the Constitutional court, according to a legal expert who spoke to AFP.
Euro snoozes through sleepiest week since launch 20 years ago
Currency lodged in tight range thanks to steady monetary policy and trade uncertainty
Lion Industries posts fourth straight quarterly loss of RM110.6m
KUALA LUMPUR (Nov 29): Lion Industries Bhd reported a net loss of RM110.62 million for the first quarter ended Sept 30, 2019 (1QFY20) versus a net profit of RM19 million a year ago, including a lower margin of its steel division, and higher loss from associated companies and joint ventures.This marks its fourth consecutive quarterly loss.As a result, it registered a loss per share of 16.25 sen from 2.79 sen for 1QFY19, Lion Industries said in a filing with
The Case Of The Pirated Blueberries: Courts Flex New Muscle To Protect Plant Breeders’ Intellectual Property
A few weeks ago, the Federal Court of Australia ordered a farmer in New South Wales to pay $290,000 to a blueberry-producing company because he had grown and sold a proprietary variety of the fruit without permission....
Samsung’s Android 10 roadmap points at January rollout for Galaxy S10 and Note 10, no update for S8 or Note 8
Every year Samsung unfailingly puts out a software release roadmaps for its entire smartphone lineup, and this year’s detail when Android 10 is
House of the week: Cork city house has been a life-saver for ARC Cancer Support
A CORK city house that has been a life-saving, holistic home-from-home for many hundreds of persons given cancer diagnoses now looks set to return to private, family accommodation and ‘domestic service’ once more.
Bitcoin Price Hits Tipping Point Above $7.6K — Pivotal Weekend Ahead
Bitcoin bulls and bears are set to have a key battle going into the weekend at a critical price level that could set the tone for the rest of the year.
You could be fined £100 for using a petrol station car wash
Penalties have been issued
Statistics Canada reports pace of economic growth slowed in third quarter
Statistics Canada says the pace of economic growth in Canada slowed in the third quarter.
Ex-Bank Executive Linked to Trump Loans Commits Suicide
Thomas Bowers, who is said to have approved some of the financial services company's loans to President Donald Trump, has committed suicide.
Cholera outbreak: Ogun death toll now five
Daud Olatunji, Abeokuta The death toll as a result of a cholera outbreak in Abeokuta, Ogun State capital, has risen to five and it includes a four-month-old baby and 33-year-old pregnant woman. ...
Ford SA slapped with R35 million fine for Kuga debacle
Consumers will now be compensated for damages they may have suffered following the 2017 recalls of Ford Kuga 1.6 EcoBoost.This emerged at the National Consumer Commission's media briefing on the outcomes of its investigation into the matter in Pretoria on Friday.Ford made headlines in 2017 afte
Top news of the day: GDP growth slips to a six-year low of 4.5%, Pragya Thakur apologies for Godse remarks, moves privilege notice against Rahul Gandhi, and more
The major news headlines of the day, and more.
Taco Bell accelerates rollout despite Mexican stand-off
Fast-food giant Collins Foods will open its first Victorian Taco Bell restaurants in Hawthorn and South Yarra.
Academic Conference: World Symposium on Investment Research
It is an annual event taking place on the first Sunday and Monday of May in some financial centers around the globe.
Four Irish women honoured as leaders in global recruitment
The Irish nominees are Geraldine King, Anne Heraty, Shona McManus and Rosaleen Blair
QUT launches new $7.5m Centre for Data Science
Projects already underway with Qld govt.
4th Annual Private Wealth Switzerland Forum
The 4th Annual Private Wealth Switzerland Forum–Zurich brings together more than 250 attendees including 150 leading high-net-worth capital allocators from Switzerland and beyond.
Q2 GDP, core sector data may push RBI to cut rates in December: economists
The GDP growth rate for Q2FY20 was in line with the market expectation at 4.5 per cent, says Deepthi Mary Mathew, economist, Geojit Financial Services
International offers, packages to go up as IITs begin placements on Sunday
Microsoft, which had emerged the top recruiter last year offering a $215,100 (Rs 1.5 crore roughly) package, is expected to make a similar or a slightly higher package to IIT students on Sunday
Canada: Economy grew at annualized rate of 1.3% in Q3 vs. 1.2% expected
The Canadian economy expanded 1.3% on a yearly basis in the third quarter supported by higher household spending and business investment, the data pub
Lufthansa: German airline not open to Qatar investment
DUBAI: Saudi Arabian and international investors have subscribed to the initial public offering of Saudi Aramco in huge numbers, with demand for shares in the world’s most profitable company exceeding the number of shares on offer. Financial advisers to the biggest IPO in history announced that bids to the value of $44.3bn (166.275bn riyals) have been received in total from
E.ON SE (ENAKF) CEO Johannes Teyssen on Q3 2019 Results - Earnings Call Transcript
E.ON SE (OTCPK:ENAKF) Q3 2019 Earnings Conference Call November 29, 2019 03:30 AM ET Company Participants Carsten Thomsen-Bendixen - Interim Head of Communications and Political Affairs Group Spokesma
Families of Mexico massacre victims suffer backlash over cartel row
MEXICO CITY - Members of a US-Mexican religious community who lost relatives in a gangland massacre this month have come under fire from supporters of Mexico’s government for pressing the United States to declare drugs cartels terrorist groups.
Internal security big challenge before $5 trn economy target: Amit Shah
Shah exhorted the police forces to take proactive steps towards improving their image among the public through behavioural and professional changes
India quarterly growth falls to worst level in six years
India's economy grew at its slowest pace in more than six years in the July-September period, down to 4.5 percent from 7.0 percent a year ago, according to government figures released Friday that piled more pressure on Prime Minister Narendra Modi.
South African police officer found guilty of killing Nigerian
Austin Luciano Reynold, a South African police constable, has been found guilty of the murder of Ebuka Okoli, a Nigerian. Okoli was killed in Durban, Kwa Zulu Natal, in 2018.
Black Friday evolves but still marks start of holiday shopping season
The holiday shopping season kicks off on Friday with traditional Black Friday sales, though many retailers got a jump on the competition by getting started with deep discounts on Thanksgiving Day, and analysts forecast data to show that online shoppers spent a record $4 billion on Thanksgiving, MarketWatch reports. The total had already reached $2.1 billion as of 5 p.m. Thursday, a 20.2 percent increase compared to the same point last year. Demand was so high on Thursday that Costco's website and app were briefly hampered by heavy traffic, USA Today reports. Black Friday is continuing to evolve, as many stores try to snag a bigger share of holiday sales by cutting prices days or even weeks before what used to be a one-day shopping frenzy. Shoppers are expected to spend up to $731 billion in November and December, roughly 4 percent more than in the same period last year. Harold Maass
World's Cheapest EV Is Russian and It Launches in 2020
While we wouldn’t describe the global electric vehicle market as booming (yet), it is growing steadily and there is demand for vehicles of all shapes and sizes, and of course this includes minute city cars too.
Houthi Forces Claim They've Shot Down a Saudi Helicopter
DOHA (Sputnik) - The members of the Houthi movement, operating in Yemen, have shot down a Saudi helicopter near the border with Saudi Arabia, Yahya Sarea, the group's military spokesman, said on Friday.
Canada's GDP growth slows in third quarter
The pace of economic growth in Canada slowed in the third quarter, boosted by higher business investment and increased household spending, but weighed down by a drop in exports, Statistics Canada said Friday.
Maharashtra CM Thackeray stays Metro carshed work
Maharashtra Chief Minister Uddhav Thackeray on Friday announced a stay to construction of metro carshed in the city’s green lung Aarey Colony, where strong protests had erupted last month against cutt
Mayo garda resources lagging behind neighbouring counties
THE Mayo Garda Division lacks the required vehicle equipment compared with neighbouring counties, says Fianna Fáil TD Lisa Chambers.
'The markets are not thinking about it yet' — BlackRock boss Larry Fink reportedly expects political turmoil in 2020, Business Insider - Business Insider Singapore
Business Insider - Political scientist Ian Bremmer said Fink shared his fears of a constitutional crisis in 2020, whether Trump is reelected or not.. Read more at businessinsider.sg
USD/INR Technical Analysis: Eases from weekly tops, up little around 71.60 region
The USD/INR cross built on the previous session's recovery move from near three-week lows and gained some follow-through traction on the last trading
Annual inflation rises to 5.56pc as food prices continue to increase
NAIROBI, Kenya, Nov 29 - Kenya’s year-on-year inflation has risen to 5.56 percent, compared to 4.95 percent registered last month, as the price of food and alcoholic drinks increased. According to Kenya National Bureau of
PHOTOS: Dyson's new global HQ is in one of Singapore's most historic sites - see how St James Power Station evolved over the last 92 years, Business Insider - Business Insider Singapore
Business Insider - The 92-year old building has gone from a simple power station to being abandoned, and then becoming one of Singapore's largest nightlife hubs.. Read more at businessinsider.sg
Saudi Aramco IPO gets US$44.3b in bids so far, says lead manager
RIYADH, Nov 29 — Saudi Aramco has received bids for its shares totalling US$44.3 billion so far, lead manager Samba Capital said today, putting its initial public offering on track to be over-subscribed. The state-owned oil giant plans to sell 1.5 per cent of the company’s shares for as much as...
Sugar companies' profit set to rise on firmer prices
The profit of sugar companies is expected to improve with prices firming up on the back of lower sugar production. Domestic sugar production for sugar season started in October was revised downwards
Anyone for Goulash? Why We Need to Talk About Hungarian Communism
The 30th anniversary of the fall of the Berlin Wall has been marked by some very simplistic analysis and lots of sweeping generalisations about the ‘evils’ of communism. A new book, on everyday life in Hungary in the 1970s and 80s, provides some counter-balance to the dominant narrative.
Business licences loom for short-term online rentals in Saskatoon
The options city politicians will consider include an outright ban on renting properties not occupied by host
Natixis downgrades price outlook for 2020 as gold starts losing glitter
Signs of a thaw in the US-China trade spat and prospects of an improvement in US economic growth have taken a toll on the metal, which has lost nearly $100 an ounce to trade at $1,456 today
Nalco banks on long-term raw material security for alumina, aluminium ops
Coal mining to take off in 2020, Pottangi bauxite mine to go on stream in 2023
Sensex hits 19 fresh highs in November, gains 665 points
The announcement of corporate tax reduction in the last week of September provided the much-needed trigger that lifted the market by around 4 per cent during the month and a little over 7 per cent till date
Minister urges Japanese investors to leverage Malaysia’s digital transformation push
KOBE (Japan), Nov 29 — International Trade and Industry Minister Datuk Darell Leiking is calling for Japanese investors to leverage on Malaysia’s push for digital transformation. He said Malaysia was committed to undertaking the digital transformation efforts, among others, through the National...
Bitcoin (BTC) Futures Markets Hit $5B Daily Volume
The Bitcoin (BTC) market has evolved to include the simplest kind of derivative financial products - futures contracts. Those markets now reach $5 billion
Chubarov: Silence about Crimea at Normandy Four summit could look as consent to annexation
Chubarov believes it is necessary to turn to partners, namely French President Emmanuel Macron and German Chancellor Angela Merkel.
SC ruling on AGR will lead to telecom sector’s collapse: FICCI
Cascading effect will be felt across several other sectors too
Better Buy: Square vs. American Express
A case of the turtle and the hare?
Humana: Patience Will Likely Achieve A Lower Buy Price
The only way an investor can realize a return from an investment in shares is through receipt of dividends and gains on share sales. I repeat - the only way.The best way to make a gain on sale of shar
Tesla Cybertruck’s Edgy Design Is A Risk To Pedestrians
The Tesla Cybertruck is quickly turning into the villain of the truck world. If its appearance isn't offens...
Lebanon Crisis Wreaks Havoc on Syria's War-Torn Economy
A financial crisis in Lebanon has hit the economy of neighbouring Syria hard, choking off a vital source of dollars and dragging the Syrian pound to record lows. Shut out of the global financial system by Western sanctions, Syria's economy has depend
Domestic traffic for Air Passengers rises by 12pc – KCAA
NAIROBI, Kenya, Oct 29-The Kenya Civil Aviation Authority says there is an increase in passenger traffic at the Jomo Kenyatta International Airport with 12 per cent growth in domestic passengers and 7.6 per cent in
The Power of Green Public Finance
Policymakers and pundits have been wringing their hands over the crises afflicting the European Union, arguing that it is falling behind in confronting major threats to its long-term survival. Yet on the issue of climate change, nothing could be further from the truth. In mid-November, EU member states demonstrated that they can unite behind a shared vision of a low-carbon future. And European institutions are already leading the fight against climate change at the global level. Among these, the European Investment Bank will now be playing an even greater role as an instrument for decarbonizing the economy and limiting global warming to well below 2°C above pre-industrial levels. Climate change is the top political issue of our time. Scientists estimate that if we remain on our current path, we will experience global warming of 3-4°C by the end of the century, at which point large portions of the planet will be uninhabitable.
India GDP growth: a six-and-a-half-year low – ANZ
Analysts at Australia and New Zealand Banking Group (ANZ) offered their take on Friday's release of Indian GDP report, which showed a further decelera
NDLEA arraigns man for allegedly peddling 967.9kg marijuana
The National Drug Law Enforcement Agency on Friday in Lagos State arraigned man, Usman, who allegedly trafficked in 967.9kg of cannabis Sativa (marijuana). The agency charged Usman on one count ...
Does Kerala CM Fear Accountability? War With Centre Over Allowing CAG To Audit Kannur Airport Company’s Finances
CAG has been seeking the right to audit KIAL’s finances.
After Trump's Afghan visit, Taliban say they are ready to resume peace talks
KABUL (Reuters) - The Taliban said on Friday they were ready to restart peace talks with the United States, a day after President Donald Trump visited U.S. troops in Afghanistan and said he believed the radical group would agree to a ceasefire.
Japanese department store under fire over 'period badges' for female employees
A Japanese department store is under fire over a controversial policy enabling female staff to wear special red badges when they are menstruating.
UK Black Friday transactions jump 12.5pc versus 2018, says Barclaycard
LONDON, Nov 29 — The volume of Black Friday payment transactions in Britain as of 1000 GMT was up 12.5 per cent versus last year, initial data from Barclaycard showed today, bringing some cheer to UK retailers in need of a tonic after a troubled year. Barclaycard, which processes nearly one pound...
Macron says Russia is no longer NATO's enemy
French President Emmanuel Macron declared Russia to no longer be NATO's enemy and called for closer ties with the Kremlin days before a NATO meeting.
Canadian Investment Firm 3iQ Files Prospectus for Bitcoin Fund
Canadian investment fund manager 3iQ filed a preliminary prospectus for its close-end, regulated, publicly-traded Bitcoin fund.
India accounted for 22% of all visa-related searches to US in 2018: Survey
Overall, the top 10 countries accounted for nearly 56.5 per cent of all foreign visa-related searches in 2018, the report added
Huawei will reportedly sue the FCC over new restrictions
Last week saw the FCC approve a measure that would deny subsidies to carriers who use equipment from Huawei, ZTE, or any other “bad actors.” The FCC’s Universal Service Fund has $8.5 billion ready to subsidize carriers in making improvements…
Forget the Noise; Traders Explain Why You Should Be Long-Term Bullish on Bitcoin
Traders are bearish on bitcoin after a 53% crash. More pain may be ahead but BTC offers features that make it a good long-term investment.
SAA dropped by leading travel insurer
The decision prompts Australian travel agency Flight Centre Travel Group to stop selling tickets for the airline.
If this is not recession, what is? Opposition slams govt after India's GDP growth dips | Reactions
Speaking at the National Economy Conclave, CPI(M) leader Sitaram Yechury referred to the recent GDP numbers and said, "This is the New India. This government wants a Hindu Rashtra which they want to do keeping states at bay."
GDP means 'Godse Divisive Politics' to BJP: Congress
Q2 GDP: Congress's 'Godse Divisive Politics' jibe comes after Pragya Thakur criticised Rahul Gandhi for calling her a terrorist
Sputnik Editor-in-Chief on Outlet Losing Office in Estonia: We Will Work From Home
MOSCOW (Sputnik) - Sputnik Editor-in-Chief Margarita Simonyan has stated that Sputnik Estonia journalists would not be deterred by losing their office, they would work from home.
Bitcoin ransomware forces Spanish security firm Prosegur offline
Prosegur has been hit by Ryuk ransomware, the notorious Trojan that encrypts files on a compromised device and typically demands payment in Bitcoin.
Man sentenced to 10 years for attempted murder of businessman
A man who attempted to murder a top Serbian businessman with close ties to President Aleksandar Vucic was jailed by a Belgrade court on Friday for 10 years. Milan Beko, a former minister, was se...
Top news today evening: India’s GDP slips further, Pragya Thakur’s apology and more
From India's GDP slipping to a 26-quarter low of 4.5 per cent in the second quarter to Pragya Thakur issuing apology in the Lok Sabha over Godse remarks, here are the top news of today evening.
Mulpha International suffers big losses, dragged down by RM315 million impairment in 3Q
KUALA LUMPUR (Nov 29): The whopping RM315.38 million impairment on its investment in an Australia-listed associate, AVEO, widened Mulpha International Bhd's net loss substantially to RM299.32 million in the third quarter ended Sept 30, 2019 (3QFY19) from RM6.65 million in the previous corresponding quarter.The hefty impairment offset the improved performance in the hospitality and property divisions, said the company in a filing with Bursa Malaysia.The company’s loss per share swelled to 93.69 sen for 3QFY19 from 2.08 sen for
Bill Evans: Australian dollar to keep falling as RBA cuts
Via Bill Evans of Westpac on the RBA and the Australian dollar:
NATO seeks to head off budget row saying spending is rising
BRUSSELS (AP) - NATO Secretary-General Jens Stoltenberg said Friday that European allies and Canada are spending even more than previously thought on defense, just days before U.S. President Donald Trump is expected to demand once more that other leaders boost their military budgets.
Hong Kong Airlines delays salaries as protests hit tourism
HONG KONG: Low-cost carrier Hong Kong Airlines said Friday (Nov 29) it will delay salary payments to some staff, warning its business has been ...
Shareholders of Singapore-listed POSH told to accept takeover offer by Kuok Group
KUALA LUMPUR (Nov 29): Minority shareholders of loss-making Singapore-listed PACC Offshore Services Holdings Ltd (POSH) have been advised to accept the voluntary conditional cash offer of S$0.215 by the Kuok Group, through its investment vehicle Quetzal Capital Pte Ltd.In a letter to the recommending directors in respect to the offer, independent financial adviser Provenance Capital Pte Ltd said the offer presents shareholders with a cash exit opportunity to realise their entire investment in the shares at a fixed price
Winter 2019-2020 to be warmer than normal, preditcs IMD
The upcoming winter season (December to February) is likely to experience warmer than average minimum temperatures over most parts of the country except over northern most parts of India, the IMD predicted.
Tax benefits for traders as CBDT approves NSE's commodity derivatives
Exchange gets 'Recognised Association' status, due to which participants can set off losses in commodity derivatives against business gains
Enphase: All Cats Love Fish But Fear To Wet Their Paws
Enphase Energy surprised us with victories it made this year. Revenue and operating income broke all records.The company offers us unprecedented growth, progressive technology of solar energy inversio
Cities consume 75% of all world sources, generating 50% of waste
While cities cover only 3% of the earth's surface, they consume 75% of its natural sources, Turkey's Environment and Urbanization Minister Murat Kurum said...
National Emergency Management Agency to replace MCDEM
National Emergency Management Agency to replace Ministry of Civil Defence & Emergency Management
Greater balance in Christchurch industrial sector - Colliers
Christchurch’s industrial sector is recalibrating to a more balanced demand and supply profile, as construction activity dips slightly and local businesses expand and absorb existing space.
AMD dominates the charts of best-selling desktop processors
AMD dominates the charts of best-selling desktop processors, it confirms the excellent period it is experiencing due to its offer of processors.
Worden Park toilets closed to public as Travellers refuse to leave car park
A group of travellers are refusing to leave Worden Park after setting up camp earlier this week.
Gold heads for biggest monthly drop in 3 years on US-China talks optimism
The precious metal is down 3.6% this month, the most since November 2016, when Trump won the US presidential election
'This isn't a choice between animal protection and consumer safety'
In 2020, Australia will ban animal testing in cosmetics. Michelle Thew, CEO of Cruelty Free International, has spent the past 20 years campaigning for these laws across the world.
TİKA reaches out to families affected by Israel's Gaza attacks
The Turkish Cooperation and Coordination Agency (TİKA) delivered aid to 1,100 Palestinian families affected by Israel's wave of attacks earlier this month, from food to beds
Upcoming Skoda Kamiq SUV spotted testing in India for the first time
The Indian-built Skoda Kamiq will most likely go up against the Kia Seltos, the MG Hector, Tata Harrier and the new Hyundai Creta that is also being readied for an Auto Expo 2020 debut.
Global funds raise stock allocations at the expense of cash: Reuters poll
BENGALURU (Reuters) - Global funds recommended switching cash back into equities in November as stocks worldwide rose to near record highs despite a lack of clarity over how, when, or if a truce will be called on the damaging U.S.-China trade war, a Reuters poll showed.
South Africa court rejects Zuma appeal to prevent corruption trial
A South African court on Friday rejected an appeal by former President Jacob Zuma that sought to prevent his prosecution on corruption charges over...
ET View: Time to boost demand, forget the fiscal deficit target
The time has come for the government to shed its obsession about fiscal deficit targets and borrow more from the market, both to compensate the states for their shortfall in GST collections and to meet its own expenditure commitments. India still has deep reserves of economic resilience and it is necessary to avoid any self-defeating talk of recession.
Taliban say 'way too early' to speak of resuming talks with US
Most observers agree that a political settlement is the only way towards a lasting peace in Afghanistan, and since September diplomatic efforts to foster dialogue have continued.
250 Indian students held in Fake Varsity Sting Operation in US
A total of about 250 students, mostly from India, have been arrested in a sting operation by US immigration officials who set up a fake university in the
Demos and deals as Black Friday sweeps Europe
Climate activists staged protests across Europe on Friday to denounce the environmental toll of mass consumption, while shoppers hit the streets and the internet as retailers of all stripes touted pre-holiday bargains.
Hong Kong Airlines delays salary payments as protests take their toll
Hong Kong Airlines has delayed the payment of salaries for almost half of its staff members as widespread protests in the city have hit the carrier.
Rise of the machines: Why Australia's miners are racing for automation
An aerial picture from Jimblebar, one of BHP's biggest mines in the Pilbara, sums up its push to cut costs and increase productivity as iron ore demand falls.
Debt ETFs/index funds to have minimum of 8 issuers: Sebi
If a credit rating falls below the investment grade, rebalancing by Debt ETFs/index funds will be done within five working days.
CEA Subramanian sees GDP picking up in Q3, says fundamentals remain strong
India's economic growth slowed to 4.5 per cent in the September quarter from 7.1 per cent in the corresponding period of last year
Beer suds to soap suds: waste alcohol finds use in green detergent
LEUVEN, Belgium (Reuters) - The next time you wash your dishes, you could find yourself up to your elbows in soap suds spiked with leftover alcohol, if the world’s largest brewer and a environmentally friendly detergent firm have their way.
China limits number of rides drivers can offer through car-pooling services
China's Ministry of Transport said car-pooling services have to limit the daily number of rides drivers can offer through apps such as Didi ...
RBI may go for another rate cut as GDP slows to more than 6-year low
Analysts expect the MPC slashing interest rates by 25 basis points (bps), along with a marginal cut in gross domestic product (GDP) growth forecast for FY20
Fiscal deficit hits 102% of budget estimate till October
India Business News: The country's fiscal deficit hit 102.4% of 2019-20 Budget Estimate (BE) at Rs 7.2 lakh crore at the end of October. The fiscal deficit or the gap betw
'Not genuine' - Judges rule on Jacob Zuma's bid to avoid prosecution
Three judges have found that there is no compelling reason why former president Jacob Zuma should be granted leave to appeal the dismissal of his bid for a permanent stay of prosecution.
SBI FXTRADE Expands Offering, Adds 8 New JPY Currency Pairs
SBI FXTRADE Co., Ltd. announced this Friday that it is expanding its FX product offering to include eight new currency pairs based on the Japanese yen.
Bulgaria Is among the Countries Which Export the most Grain
Bulgaria is one of the leading exporters of grain. Over the past year, it exported grain worth more than $ 1 billion, or a quarter of the country's total exports.
Lebanon crisis wreaks havoc on Syria's war-torn economy
AMMAN (Reuters) - A financial crisis in Lebanon has hit the economy of neighboring Syria hard, choking off a vital source of dollars and dragging the Syrian pound to record lows.
3 Reasons Why Shorting McDonald’s (MCD) Stock Now Is a Bad Idea
Missing third quarter estimates and the firing of the CEO is why investors are short McDonald’s. There are reasons why you shouldn't.
Trading Forex in the Philippines
Time for Forex trading in the Philippines? Keep a wary eye on the local market and find a trading platform to make you a key player.
USD/JPY climbs to fresh six month highs above 109.60
The USD/JPY pair is inching higher ahead of the American session on Friday supported by the broad-based USD strength. As of writing, the pair was trad
Four Irish women honoured as leaders in global recruitment
The Irish nominees are Geraldine King, Anne Heraty, Shona McManus and Rosaleen Blair
Sebi brings norms for debt ETFs, issuer to have less than 15% index weight
Under the norms to be adopted by all mutual fund houses, the index will have a minimum of eight issuers, rating of the constituents of the index will be investment grade
Shrinking lake in Mali spells end of line for family of fishermen
LAC WEGNIA, Mali (Reuters) - Modeste Traore has lived his whole life by Lake Wegnia, in Mali’s Sahel region, and its fish have provided him with a livelihood that supports his extended family of 14 children.
C&I Leasing gets approval to list N539 million worth rights issue
C&I Leasing Plc has obtained approval of the Securities Exchange Commission (“SEC) to open subscription of a rights issue of N539 million.
More pain for German car industry as Daimler axes 10,000 jobs
The Mercedes-Benz maker said it wanted to save 1.4 billion euros (USD 1.5 billion) in staff costs by the end of 2022 as it joins rivals in investing huge sums in the greener, smarter cars of the future. "The total number worldwide will be in the five-digits," Daimler personnel chief Wilfried Porth said in a conference call about the job cull.
Indian retailer Future's shares surge as regulator approves Amazon investment
Shares in Future Retail Ltd surged 13per cent on Friday, after India's antitrust body approved a deal that would give Amazon.com Inc a minority ...
Labour raises alarm over nation’s rising debt profile
Organised Labour has raised the alarm over the nation’s rising debt profile, saying there is the urgent need for the country to give in to well...
Climate Adaptation Now
As world leaders gather in Madrid for the United Nations Climate Change Conference (COP25), they must address more than future targets for reducing greenhouse-gas emissions. They must also address the harm to people and livelihoods that climate change is already causing. Strengthening our ability to adapt to climate change has never been more urgent. Many regions are experiencing major difficulties as a result of higher global temperatures and changing weather patterns. We must do more to help citizens and governments tackle issues such as rising sea levels, wildfires, hurricanes and other natural disasters, and increased coastal erosion. Even if we meet the Paris agreement’s goal of limiting the average global temperature increase to well below 2°C, at least 570 cities and some 800 million people will be at risk from rising sea levels and more frequent and destructive storms.
Gross Domestic Product growth falls to 4.5% in Q2 of 2019-20
The Gross Domestic Product growth fell to 4.5 per cent in the second quarter of the year 2019-20.
Oil to be stuck in a rut in 2020 as slowing demand fuels glut
Opec unlikely to opt for deeper output cuts.
India’s Core Sector Output Shrinks 5.8% In October, Lowest In Over A Decade
As many as six of eight core industries saw a contraction in output, indicating the severity of the economic slowdown in India.
Excellent year for icewine
Unseasonably cold temperatures in the Central Okanagan this week have been great news for local wineries looking to produce icewine.
US Military Presence at Syria's Oil Fields Escalates Situation in Country - Russian Deputy FM
The day before, Syrian state television reported that US forces mustered dozens of military vehicles near oil fields in the Rumeilan region of Al-Hasakah province in Syria's northeast.
Prosecuting Sowore will strengthen Nigeria's democracy - Nigerian professionals
The Association of Nigerian Professionals in Europe (ANPE) on Thursday, November 28, said that the prosecution of the publisher of Sahara Reporters, Omoyele Sowore, will strengthen Nigeria's democracy.
December fuel price prognosis - a mixed bag for motorists | IOL Motoring
Petrol prices are set to increase slightly in December, while diesel is set to go down, according to month-end data.
1984 anti-Sikh riots: Probe complete, Centre seeks SC nod to disband SIT
The SIT was set up by the apex court on January 11 last year to supervise further investigation into 186 riots cases, in which closure reports were filed earlier
Hut 8 Purchases 9 Data Centers from Bitfury for $7 Million
Hut 8 Mining Corp on Thursday announced the acquisition of nine Blockbox AC data centers from the BItfury Group, costing $7 million.
Why This Top Aerospace Stock Is Poised to Fly Higher
One of the best-performing industrial stocks of the last decade shows no signs of slowing down.
Month of rail strikes starts on Monday and will disrupt Christmas trains
Dispute is over guards on South Western Railway trains
India: Economy grew 4.5% in Q2 vs. 4.7% expected
The data published by the Ministry of Statistics on Friday revealed that the Gross Domestic Product (GDP) in India expanded by 4.5% following the %5 g
Loan fraud case: two former bank officials, seven borrowers jailed
Convicted duped the bank to the tune of ₹43.21 lakh: CBI
Publisher says he’s hearing interest in non-profit turn
NEW YORK — The publisher of the nation’s first daily newspaper to be granted non-profit status says he’s since heard from a “few dozen” lawyers and news executives curious about whether the Salt Lake Tribune’s approach could work elsewhere. Tribune publisher Paul Huntsman learned earlier this month that the Internal Revenue Service had approved the …
Tesla Cybertruck to Join Dubai Police Luxury Vehicle Fleet
Last week, Tesla introduced its long-awaited Cybertruck at an event in Los Angeles, followed by the launch of preorders though the start of production is not scheduled to begin until 2021 or late 2022.
Block Friday: French activists try to disrupt discount shopping day
PARIS, Nov 29 — Activists staged protests against online retailer Amazon around France today and tried to blockade a shopping mall in Paris, denouncing as rampant consumerism the US Black Friday shopping frenzy that has spread to European shores. French companies have embraced the discount...
BPCL Privatisation: DIPAM Appoints Deloitte As Adviser For Strategic Sale Of India’s Second Largest Oil Refiner
Some global petrochemical giants, including Saudi Aramco have expressed interest in the assets of BPCL
62% people in Tamil Nadu paid bribe to get work done: Survey
As per an India Corruption Survey which was carried out by Transparency International India and Local Circles this year, 62% of the people surveyed from Tamil Nadu admitted that they had resorted to bribery to get their work done.
'Not a Single Leaf of Aarey Will be Cut': Uddhav Thackeray Puts Metro Car Shed Construction on Hold
"Metro work will not stop but till next decision, not a single leaf of Aarey will be cut," Thackeray said while addressing a press conference.
Woman suspected of spying for Ukraine detained in occupied Sevastopol – Russian media
The woman had been "purposefully collecting" military secrets, according to the FSB.
Taliban ready to restart peace talks after Trump visit, official says
Taliban leaders signaled Friday they are ready to resume peace talks with the U.S.
Botswana Drought Makes Wasteland of Harvests, Livestock
In semi-arid Botswana, the farmers are reeling after the worst drought in a decade wiped out entire harvests and left the land littered with dead livestock.
Mining industry is the bulwark of Ghana's development - Koney
news, story, article
Concerns that thousands spent on Jobseekers forced to do JobPath programme for a fourth time
The two private companies operating JobPath have been paid €207m.
World shares mostly slide in ‘Black Friday' retreat
BEIJING (AP) - Stock markets mostly fell Friday as investors gauged whether renewed China-U.S. tensions might lead to a "Black Friday" sell-off, and with U.S. traders largely out for a long weekend.
Goldman Sachs: Pound Sterling seen Above 1.20 vs. Euro and 1.30 vs. Dollar on Swift Brexit Resolution Following Conservative Majority
Foreign exchange analysts at Wall Street investment bank Goldman Sachs have updated their views on the British Pound, saying the currency can move notably higher than current levels were a Conservative majority delivered in the upcoming December 12 election
Farmers battle 'worst autumn in memory' to get seeds planted and crops out of the ground
Crop growing across East Anglia has been severely disrupted by prolonged wet weather - and there are fears the effects will continue to be felt next year.
Kevin Greenard: Ten reasons to be cautious with Canadian equity ETFs
An ETF is a commonly used abbreviation for Exchange Traded Fund. Canada was the first country to launch an ETF in 1990 with one provider. Known as the S&P/TSX 60 Index, it essentially held the . . .
Shopping in these 4 popular Malaysian cities just got a lot easier for Singaporeans with NETS ATM cards, Business Insider - Business Insider Singapore
Business Insider - NETS ATM cards can now be used in Malaysia across 7,400 PayNet acceptance points - but only in these 4 cities.. Read more at businessinsider.sg
India’s economic growth falls to 4.5% in July-September quarter – the slowest in over six years
This is the sixth straight quarter of slower growth. The GDP grew just 5% in the April-June quarter.
Bushiri’s fraud case transferred to High Court for trial
The fraud case against Enlightened Christian Gathering Church leader Prophet Shepherd Bushiri and his wife Mary has been transferred to the Gauteng High Court in Pretoria for trial.
Huawei plans legal challenge over exclusion from federal subsidies in US
The Federal Communications Commission last week branded Huawei and its Chinese rival ZTE as threats to US national security and blocked them from the fund
Is Vietnam too cautious when setting economic development goals for 2020? - VietNamNet
Many economic targets set for 2020 are lower in comparison with real implemented levels.
French lawmakers seek to ban Black Friday sales
PARIS — Dozens of French activists blocked an Amazon warehouse south of Paris in a Black Friday-inspired protest, amid increased opposition to the post-Thanksgiving sales phenomenon that has seen a
Huawei plans legal challenge to latest US pressure: report
Chinese telecoms giant Huawei is preparing a legal counterpunch against new moves by American regulators to bar the company from accessing $8.5 billion in US federal funds for services and equipment, ...
Gun sales expected to increase for Black Friday
Guns are expected to be a hot item during the holiday shopping season.
Samsung Galaxy S8, S8+, Note 8 phones won’t get Android 10 update - Gizmochina
Samsung has been consistently releasing Android 10 roadmap for different countries. Israel, China, India and Philippines are some of the countries for which Samsung has confirmed that the Android 10 roadmap. The Android 10 update schedule does not include Galaxy S8, Galaxy S8+ and Galaxy Note 8 in the list of eligible devices. This seems …
Birmingham gang bosses jailed for smuggling drugs in frozen chicken
Two members of a Birmingham organised crime group who used frozen chickens to smuggle drugs into the UK have been jailed.
Denmark finds three guilty for buying drones for Islamic State
Three men were convicted on Thursday in Denmark on charges of buying drones and other equipment for the extremist Islamic State group to use...
India-ASEAN FTA review: Further liberalisation of trade on agenda
ASEAN-India trade in goods agreement was signed on August 13, 2009, and entered into force on January 1, 2010
India offers funds to Sri Lanka in bid to outdo China
NEW DELHI, Nov 29 — India, anxious to counter China’s influence in the region, today offered hundreds of millions of dollars in aid to Sri Lanka as the island’s new president made his maiden overseas trip in New Delhi. Gotabaya Rajapaksa’s visit to India just 12 days after he became...
Q2 GDP: Fiscal deficit of 3.9% realistic, says Uday Kotak
The just released GDP data for the second quarter (July-September) shows that the growth has gone down to 4.5 per cent (the lowest in six years) from 5 per cent in the first quarter (April-June)
Trade surplus shrinks in October
Exports up 11.9% on a month-on-month basis.
Gov’t bid to save wealth case vs Marcoses junked
FOR failing to present new arguments, the motion for reconsideration filed by the government in connection with the dismissal of the case against Marcoses and Tantocos was dismissed by the Sandiganbayan.
The Frugal REIT Investor
Wealth is not the same as income. Wealth is what you accumulate, not what you spend. Thomas Stanley.The foundation stone of wealth accumulation is defense. Thomas Stanley.Investors must select stocks
Former AIB boss David Duffy pay rises 84% to £3.4m as head of Virgin Money
CEO’s pay more than eight times his AIB salary – despite losses at UK’s Virgin Money
Massive multi-million-pound CarShop store to open in Little Stoke
A total of 65 jobs will be created
Government reviews stamp duty charge
Federal Government has reviewed the N50 stamp duty charge on electronic payments in the country following public outcry.
Mudajaya back in the black after 13 straight quarterly losses
KUALA LUMPUR (Nov 29): After logging 13 consecutive quarters of losses, Mudajaya Group Bhd has returned to the black with a net profit of RM812,000 in its third quarter ended Sept 30, 2019 (3QFY19).This was despite its revenue contracting 25.6% on year to RM110.18 million during the quarter under review from RM148.18 million in 3QFY18, due to the completion of its 49 megawatt (mW) solar photovolatic energy plant at Sungai Siput, Perak in November 2018, and the slow progress
Duterte searches for honest PNP chief
Duterte said he is still having trouble choosing who he will put at the helm of the agency. Its top position was left open after PDGen Oscar Albayalde relinquished his post. Albayalde was accused during a Senate investigation of blocking the dismissal of 13 policemen involved in an irregular drug raid in Pampanga during his stint as provincial police chief in 2013. Albayalde has professed innocence.
Bank of Ghana introduces higher 100 and 200 cedis denomination banknotes
news, story, article
We are in a virtual free-fall: Congress on GDP growth slip
'India's GDP has collapsed to an abysmal 4.5%. We are in a virtual free-fallWe are in a virtual free-fall. This is the lowest GDP quarter in 6 years. But why is the BJP celebrating? Because their understanding of GDP (Godse Divisive Politics) suggests double digit growth levels. All in the perspective,' he said on Twi
Wary of China, Germany plans rapid state intervention to protect key industries
BERLIN (Reuters) - Germany set out plans on Friday to create a government committee to step in quickly to protect companies against foreign takeovers, a sign of concern about China and others acquiring its technology.
MG Motor India ties up with Umicore for recycling end-of-life ZS EV batteries
The electric SUV will be unveiled on December 5 with a launch sometime in January
Publisher says he's hearing interest in nonprofit turn
NEW YORK (AP) - The publisher of the nation's first daily newspaper to be granted nonprofit status says he's since heard from a "few dozen" lawyers and news executives curious about whether the Salt Lake Tribune's approach could work elsewhere.
Lukoil: Solid Q3 Results Ensure High Yields
Lukoil performed better than expected in Q3 2019.I expect Lukoil to generate strong FCF in the medium term.Lukoil is one of the best quality stocks in the Russian stock market.
Beijing Residents Enter Into Sham Marriages Just to Get a License Plate
Congestion, government restrictions and one of the most polluted cities in the world, how’s that for the perfect ingredients for romance? Residents of Beijing have resorted to sham marriages in order to beat the system and get a license plate for a new car.
Sod turned on two Kerry greenways
Funding of €6.5 million for the cycleways is being supplemented by an increase in the local property tax.
Despite growth in govt expenditure, GDP slowdown continues
The economic activities which registered growth of over 4.3 per cent in Q2 of 2019/20 over Q2 of 2018/19 are 'Trade, Hotels, Transport, Communication and Services related to Broadcasting' 'Financial, Real Estate and Professional Services' and 'Public Administration, Defence and other services'
HCL Foundation invests more than Rs 160 crore in community projects in UP
UP accounts for 2/3rd of the Foundation's activity spend
Time to have ‘the talk’ with your health insurer?
It's not you, it's them. A romance always starts out hot. But the honeymoon stage doesn’t last forever, particularly when it comes to you and your health
2020 race now caught in deep freeze
Thanksgiving is over! Christmas is 26 days away!
We are in a virtual free-fall, says Congress on GDP growth slip
The Congress on Friday took a swipe at the BJP government over the GDP growth falling to 4.5 per cent, and said this is the lowest GDP recorded in six years.Congress chief spokesperson Randeep Surjewa
Over 85% of non-teaching school staff out in one-day strike
A trade union representing striking non-teaching staff at Portugal’s schools on Thursday told Lusa that by 9.30 a.m. it was clear that more than 85% of members were taking part nationwide in the action.
Asian shares slide on weak Japan data; US markets closed
BEIJING — Shares extended losses in Asia on Friday after Japan and South Korea reported weak manufacturing data that suggest a worsening toll from trade tensions.
CISF Recruitment 2019 for Head Constable (Rs. 25,500 – Rs. 81,100/-Per Month)
CISF Recruitment 2019 for Head Constable (Rs. 25,500 - Rs. 81,100/-Per Month)Applications are invited from the Male/Female citizens of India to fill up 300
This Made Hitler Mad: Why Allied Commandos Stormed Nazi-Occupied Norway to Destroy Fish Oil Factories
The raid at Vågsøy was planned with an unusual target in mind: fish oil factories. The Nazis were interested less in the dietary benefits of the omega-3 fatty acids, so much as the oil’s ability to
GDP growth slumps to 6-year low of 4.5% during July-September
Dragged by dip in consumption and exports
India's Sep-quarter GDP growth slips to 4.5%, the lowest in over six years
Q2 growth numbers fell, in line with economists' expectations, mainly on account of a weak manufacturing, falling consumer demand and private investment, and a drop in exports due to a global slowdown
The Dark History Behind Black Friday Revealed
History Behind Black Friday -The retail bonanza known as Black Friday is now an integral part of many Thanksgiving celebrations.
Upcoming 2020 Audi e-tron EV SUV gets improved range and a new sporty trim
The upgrades to the Audi e-tron EV SUV have added 25 km to its range. This has led to the range get to 436 km on the WLTP cycle.
Thousands Rally In Kabul To Condemn Electoral 'Fraud'
Thousands of supporters of Afghan Chief Executive Abdullah Abdullah have marched in Kabul in a rally the organizers said was aimed at condemning and preventing electoral fraud.
Core sector output shrinks 5.8% in October
As many as six of eight core industries saw a contraction in output in October.
Intel Has Tapped Samsung Foundries To Manufacture CPUs [Debunked]
Update 12:49 AM GMT+5 11/30/2019. Intel has commented on the story and debunked the rumor from the Korean publication completely. Here is their statement in full: "The letter from last week says we will increase our use of foundry so we can build more CPUs at Intel. The news reports about our use of third …
Mercedes-Benz Parent Company Daimler To Cut Thousands of Jobs
Daimler says it plans to cut thousands of jobs by the end of 2022, not filling some vacant posts and offering severance packages in Germany.
Daimler to cut ‘thousands’ of jobs by 2022 to fund electric shift
Frankfurt am Main, Germany | AFP | Luxury automaker Daimler on Friday said it was scrapping “thousands” of jobs to help fund the switch to electric vehicles, in the latest layoffs to hit the stuttering German car industry. The Mercedes-Benz maker said it wanted to save 1.4 billion euros ($1.5 billion) in staff costs as …
Japanese fashion tycoon Maezawa shows off $900 million SoftBank payday
TOKYO (Reuters) - Japan’s Yusaku Maezawa on Friday posted footage of a $900 million payday for the fashion magnate following his sale of a stake in Zozo Inc, the online fashion retailer he founded, to SoftBank Group Corp.
India offers funds to Sri Lanka in bid to outdo China
India, anxious to counter China's influence in the region, on Friday offered hundreds of millions of dollars in aid to Sri Lanka as the island's new president made his maiden overseas trip in New Delhi.
Indian special forces abducting Kashmiri children: Fakhar Imam
Indian special forces abducting Kashmiri children: Fakhar Imam
Bitmain Lawsuit Heats Up, Plaintiffs Fight Motion to Dismiss
United Corp, a Florida-based cryptocurrency company that sued Bitmain in December 2018, contested the mining giant's motion to dismiss the case in a US
CM Uddhav Thackeray puts construction of car shed in Aarey forest on hold
CM Uddhav Thackeray said that while the work on Mumbai metro will continue, car shed construction will be reviewed by the concerned department.
‘Winter is coming’: Synergy, transformation crucial for growth, says BI
Reiterating the President's notable Game of Thrones analogy, the Bank Indonesia governor stressed that structural transformation was vital to facing the coming "winter" in the global economy.
DDCA Chief Rajat Sharma's Resignation Accepted, Decision Soon On BCCI AGM
DDCA President Rajat Sharma has once again resigned from his position and Ombudsman Justice (retd) Badar Durrez Ahmed has accepted the same.
Nationwide Christmas tree shortage looming
It may be Thanksgiving, but savvy shoppers are already planning their Christmas tree shopping with a nationwide shortage looming.
Maldives ex-President Yameen Sentenced to 5 Years Prison Over Money Laundering Charges
Yameen has been accused of receiving US $1 million of government money through a private company as part of a deal to lease a number of tropical islands for hotel development.
Briefly on farming and agribusiness
From around the country, a collection of brief news on developments in farming and agribusiness
Equities Slip While Investors Mark Time
The eurozone reported its preliminary estimate for November CPI rose more than expected.Germany surprised by a decline in November unemployment queues, which slimmed by 16k.The euro is stuck near its
Will Britain Lease Its New Aircraft Carriers to the U.S. Navy?
To offset a shrinking defense budget, the British military is considering whether to lease a carrier to the Americans, according to British media. The instigator of the scheme? The British Army,
Malaysians can now use MyDebit ATM cards at some shops in Singapore
Cross-border payments between Singapore and Malaysia just got a huge boost, after the Republic’s NETS and Malaysia’s PayNet announced that their payment terminals can now accept each other’s cards.
Huawei plans legal challenge to latest US pressure: Report
The Federal Communications Commission last week branded Huawei and its Chinese rival ZTE as threats to US national security and blocked them from the fund. It also proposed that other service providers be required to cancel or replace existing services and equipment from the companies. Huawei plans to file a lawsuit in the United States next week.
PIMCO Enhanced Short Maturity Active ETF: A 'Better Than Cash' Alternative
MINT is a low-risk bond-based exchange-traded fund with a focus on capital preservation and liquidity while offering yields above Treasuries through a monthly dividend.Actively managed strategy is uni
Democrats are running into Trump's economic buzzsaw
If you're a president who promised to make America great again, and the unemployment rate falls to its lowest level since the early 1950s, it looks like you're making American great again
Inflation Rates Up By 5.56PC in November, From 4.9PC In October
The cost of living (inflation rate) went up from 4.95 percent in the month of October to 5.56 in November.The Kenya National Bureau of Statistics (KNBS) notes that the cost of food and non-alcohol
Sasol scores ‘own goal’ as climate pressure mounts in SA
Company could face legal challenges if it continues to refuse votes on the issue.
South Korea cuts growth forecast to lowest in decade
SEOUL: South Korea's central bank on Friday (Nov 29) cut its growth forecast for this year to 2 per cent, which would be the weakest rate in a ...
MG Motor India partners Umicore to recycle upcoming EV's batteries
The partnership will allow end-of-life ZS EV batteries to be recycled, thus ensuring greater peace of mind to MG customers about their ecological footprint
Sonko Appoints Ex-Convict Ally to Government
The appointee at one time spent close to nine years in a foreign jail after being accused of...
Turkish, UN officials discuss repatriation of Syrian refugees in Ankara
A Turkish government delegation met with representatives of the U.N. High Commissioner for Refugees (UNHCR) in the capital Ankara to discuss the voluntary...
We commit to uninterrupted power supply - GRIDCo Chairman
news, story, article
World shares mostly slide in ‘Black Friday' retreat
BEIJING (AP) - Stock markets mostly fell Friday as investors gauged whether renewed China-U.S. tensions might lead to a Black Friday sell-off, and with U.S. traders largely out for a long weekend.
SA unveils R900bn plan to tackle water shortages
A separate unit will be established to finance, manage and operate the national water infrastructure.
Why Bitcoin Price May Soon Jump 15% to $8,500: Trader Who Foresaw Decline to $6,600
It may have been Thanksgiving on Thursday, but Bitcoin (BTC) held its ground, managing to make a number of key time frame closes above the key $7,400
Dayton traffic from the WHIO Traffic Center
Check this page for a full list of crashes, disabled vehicles, construction projects and other hazards affecting your commute.
Most Read articles – Panasonic exit, Intel Connectivity, RISC-V relocation
Time once again to see what are the five most popular articles on ElectronicsWeekly.com that were written in the last week, according to the objective truth of Google Analytics. See what your peers have been reading recently.
ECB Board nominee Panetta calls for an accommodative monetary policy
Inflation outlook seems to fall short of the European Central Bank's (ECB) Governing Council’s inflation aim of below but close to 2%, noted Fabio Pan
UNEP’s Emissions Gap Report warns: ‘Very hard to meet 1.5 degree goal without deeper, faster cuts’
This is from the recently published United Nations Gap Emissions Report 2019 that presents a grim assessment on the yawning gap between 'what countries have committed and what they actually require to do to limit greenhouse gas targets'.
Fiscal deficit exceeds budget estimates during April-October on lower tax receipts
Constrained by lower tax collection, the Centre’s fiscal deficit exceeded the budget estimate during first seven months (April-October) itself. Fiscal deficit is the difference between income and the
More pain for German car industry as Daimler axes 10,000 jobs
Luxury automaker Daimler said Friday it would scrap at least 10,000 jobs worldwide, the latest in a wave of layoffs to hit the stuttering German car industry as it battles with a costly switch to electric.
TSB Graciously Makes Way for 82 New Branches of Greggs
A couple of traditional grim pre-Christmas job scythings are underway at the moment, with staff of the TSB bank and workers at energy supplier Npower currently expecting to receive a nice card from the boss containing a hand-drawn sad-face emoticon wearing a Santa hat and a P45.
Finance Ministry: No change in RON97, RON95, diesel retail prices Nov 30-Dec 6
KUALA LUMPUR, Nov 29 — The Finance Ministry (MoF) today announced the retail price of RON97 petrol stayed at RM2.66 per litre while RON95 petrol and diesel will remain at RM2.08 and RM2.18 per litre respectively for the period November 30 to December 6. MoF in a statement issued today, announced...
World’s Newest Nation? Another State May Soon Emerge in Oceania
Following a bloody civil war that ended in 1998, with a peace agreement finalised in 2001, Bougainville has been struggling to achieve independence. A referendum has finally been held to determine the island’s status.
“High unemployment, cause of drug abuse in Ghana"- Psychologist
news, story, article
Taoiseach calls for more ethnic diversity among gardaí
Taoiseach Leo Varadkar has called for greater ethnic diversity in An Garda Síochána.
Protests and bank borks meddle with Black Friday retail nirvana
Friday I'm in debt
Wettest monsoon in 25 years could lift 2020 wheat output to a record high
India received monsoon rains during the June-September season that were 10 per cent above average
NDLEA arraigns man for allegedly peddling 967.9kg marijuana
The National Drug Law Enforcement Agency (NDLEA) on Friday in Lagos arraigned one Adeyemi Usman, who allegedly trafficked in 967.9kg of cannabis sativa (marijuana).
Black Friday sparks worldwide backlash from politicians, activists
PARIS — People don’t celebrate Thanksgiving in France, or Russia, or South Africa – but they do shop on Black Friday. The U.S. sales phenomenon has spread to retailers across the world in
UTB announces 2020 Tourism Expo with focus on Intra-Africa travel
As Uganda moves to a position as a premier tourist destination, Uganda Tourism Board (UTB) is set to host the 5th annual Pearl of Africa Tourism Expo (POATE 2020). POATE is a tourism and travel trade exhibition which brings together regional and international tour operators, travel agents, destination agencies and various players in the tourism trade to network and facilitate tourism business. The three-day expo will run from 4-6 February 2020 and will be held at the Speke Resort in Munyonyo. POATE 2020 will integrate business to business (B2B) and business to consumer (B2C) trade event format under the theme “Inspiring high-value engagement to promote intra-Africa travel for leisure, business and adventure”, aimed at raising Uganda’s profile as a preferred destination in the region and internationally. Launching the event, State Minister for Tourism Wildlife and Antiquities Godfrey Kiwanda noted the board’s focus on Intra- Africa travel.
Premier League consider the future of incoming chief executive David Pemsel following allegations made about his private life
The Premier League is considering the future of incoming chief executive David Pemsel following allegations made about the organisation’s new leader’s private life this week, Telegraph Sport understands.
Aston Martin Announces Whiskey Partnership
The luxury car manufacturer and whiskey maker Bowmore are joining forces to create exclusive products and experiences.
The Year of Return of Military Parades and its Six Dimensions on International Affairs
The year 2019 witnessed impressive military parades of the US and other regional powers. US President Donald Trump had floated the idea of having a parade in the USA in 2018 (10 November) to honour the veterans. He had been impressed by the July 2017 Bastille Day Military Parade in Paris which he witnessed during […]
Focus on Lewisham: New social scene sparks interest from first-time buyers
Although it is a relatively unassuming corner of South East London, Lewisham has been the birthplace of a wealth of musical talent: Cream drummer Ginger Baker, Rolling Stones bassist Bill Wyman and Sex Pistols frontman Sid Vicious were all born there.
Economic Crisis: GDP Growth Falls to 4.5% in July to September, Lowest in More Than 6 Years
India was the world’s fastest-growing economy until last year, posting quarterly growth rates of as high of 9.4% in 2016.
Euro-Dollar Gets No Joy from Inflation Gains as German Politics and U.S. Tariff Threat Loom
The Euro vs the Dollar - Latest Exchange Rate News and Forecasts on the Euro Dollar Currency Pair Today
Donohoe responds to corporation tax warnings
Ireland will have to prepare for a fall in lucrative corporation taxes in the coming years, the Finance Minister admits.
TNB's 'Ceria ke Sekolah' helps students
KUALA LUMPUR: IN smiles and chatting animatedly with other pupils around them, 750 students from six schools could barely contain their excitement to receive donations of school supplies from Tenaga Nasional Bhd (TNB) last week.
Rupee slips 12 paise to 71.74 against US dollar ahead of GDP data
On a weekly basis, the domestic unit has lost 3 paise.
Mobile boutique can zip from waterfront to Lower Lonsdale
Lower Lonsdale clothing boutique Double the Love now has twice the locations after the City of North Vancouver council voted unanimously for it.
America Cannot Afford to Lose the Technology Race to China
What can be done?
Daily Mail owner buys i as UK regional market consolidates
DMGT to pay £50m for national daily that belongs to indebted JPI Media
India's fiscal deficit touches Rs 7 trillion, surpasses annual target in seven months
India’s fiscal deficit in the first seven months through October stood at Rs 7.2 trillion, or 102.4 per cent of the budgeted target for the current fiscal year, government data showed on Friday.
Aldi’s sell-out Kevin the Carrot toys are selling for over £1K on eBay
Proceeds were supposed to go to charity…
ECB Board nominee Schnabel: September stimulus can be justified by current inflation data
The European Central Bank's (ECB) September stimulus could be justified by current inflation data as well as the outlook for inflation over the medium
Sweden-based Online Payments Firm Klarna Reportedly Onboarded 60,000 Additional Merchants
Sweden-based Online payments company (and bank) Klarna reportedly became Europe’s highest valued Fintech in August 2019 with a market capitalization of around $5.5 billion. Klarna’s management stated on November 26 that it has onboarded 60,000 additional merchants worldwide in 2019, which represents an increase of about 140% from last year, when the company signed up 25,000 new customers. Klarna says the new merchants include major companies such as Abercrombie & Fitch, Expedia, H&M, River Island,
Fact: Both Presidential Front-Runners Have Previously Called for Cuts to Social Security
Cutting Social Security benefits isn't too popular with the public, but some level of outlay reductions may be necessary to strengthen the program.
EUR/JPY recedes from tops, meets resistance around 120.60
Further downside in the Japanese yen coupled with steady-to-bearish sentiment around the European currency leave EUR/JPY stuck within the daily range
Swiss firm Zurich airport to develop Jewar airport, outbids DIAL, Adani
Jewar Airport or the Noida International Greenfield Airport will come up in the 5,000-hectare area when fully constructed and is estimated to cost Rs 29,560 crores, Nodal Officer for the Project.
No provision for financial aid to family of farmers who commit suicide
Agriculture credit targets have also been enhanced from Rs 9 trillion in 2016-17 to Rs 13.5 trillion in 2019-20
U.N. Summit to Hear Call for Rich Nations to Pay 'Climate' Reparations
Officials at the United Nations COP25 climate change conference in Madrid next week will consider new taxes on developed countries.
RBI files insolvency application against debt-laden DHFL
DHFL is one of the biggest defaulters in the country that owes over Rs 1 lakh crore (over $14 billion) to its debtors
Crop insurance
IF many of the country’s small farmers, particularly in far-flung communities, remain uninsured, blame it on inadequate resource base and outreach of the Philippine Crop Insurance Corp. (PCIC).
Barratt hails £250m-plus injection to Scots economy
Housebuilder Barratt Developments’ Scottish operations have delivered a £256 million boost to the economy over the past year, marking a double-digit hike on 2018.
AstraZeneca eyes early 2020 FDA verdict on Imfinzi in SCLC
The FDA has started a priority review of AstraZeneca’s immuno-oncology drug Imfinzi as a first-line treatment for small cell lung cancer (SCLC), with a decision due in the first quarter of next year.
8 buses to ferry cops to SEA Games duties
NATIONAL Capital Region Police Office director, Brigadier General Debold M. Sinas, on Thursday accepted an offer by a giant transport company to provide eight of their buses to shuttle Metro Manila policemen tasked to provide security during the 30th SEA Games for free.
Uddhav Thackeray announces stay on Aarey metro car shed construction
Maharashtra CM Uddhav Thackeray announced stay on construction of metro car shed project in Mumbai's green lung Aarey Colony. He, however, clarified that he had not stayed the work of the Mumbai metro rail project itself.
Bharti Airtel to seek board nod on December 4 for raising funds
The board will also evaluate raising of funds through debentures, non-convertible debt instruments along with warrants, convertible debentures , securities or any other equity based instruments including through qualified institutions placement or rights issue, or through any other permissible mode
GDP growth slips to 4.5% in September quarter, slowest expansion in 26 quarters
The slump was mainly on account of a weak manufacturing and a drop in exports.
PM scrambles to spur growth; India braces for GDP shock
By Vrishti Beniwal The bad news is getting worse for India’s economy and Prime Minister Narendra Modi is exhausting all options to stem the fallout. Data on Friday will likely show the economy had
Core sector output shrinks 5.8 per cent in October
The only sector that posted growth in October was fertilizers where production increased by 11.8 per cent year-on-year.
Takealot takes flak over Black Friday deals
Consumers take to social media to slam local online retailer over its “insignificant” discounts.
Skyworth group to invest $100 mn on white goods factory in Telangana
The company proposes to make latest generation Lithium-ion batteries for electric vehicles, air conditioners, refrigerators and washing machines in the second phase expansion, according to the Shenzen
Shafie leverages on Sabah’s geographic location to lure Japanese investors
KOTA KINABALU, Nov 29 — Sabah Chief Minister Datuk Seri Mohd Shafie Apdal began the first leg of his trade mission in Japan today addressing 200 investors and businessmen from 140 companies in Kobe, Japan by spelling out investment opportunities available in Sabah. He delivered the keynote...
Dell Cuts Full Year Forecast Due to Intel Supply Challenges
This site may earn affiliate commissions from the links on this page. Terms of use.
Update: Intel Reportedly Taps Samsung To Produce Supply Constrained Desktop CPUs
A new well-timed report coming out of South Korea is claiming that Samsung will produce desktop processors for Intel.
South Africa court rejects Zuma appeal to prevent corruption trial
A South African court on Friday rejected an appeal by former President Jacob Zuma that sought to prevent his prosecution on corruption charges over a 2 billion dollars arms deal.
We are in a virtual free-fall: Congress attacks BJP on GDP growth slip
But why is the BJP celebrating? Because their understanding of GDP (Godse Divisive Politics) suggests double digit growth levels. All in the perspective," Randeep Surjewala said
What if a Progressive President Cut U.S. Defense Spending Dramatically?
What would the United States need to do to significantly cut its defense budget? The question is complicated, and the answers are difficult.
GDP growth plunges to 4.5%, lowest since 2012
Official says fundamentals are strong, numbers will pick up.
Another Jolt To RCEP? Japan Not To Sign The Multi-Nation Regional Trade Deal If India Doesn’t Join
“All we are thinking of is negotiations including India,” the Japanese Trade Minister added.
Judge rules Mahindra Roxor similar to Jeep, violates Fiat Chrysler's Jeep trade
FCA has further filed counterclaim before the Eastern District Court of Michigan for permanently ceasing the sales of Roxor in the states
Euro area flash inflation: Higher core, temporarily – Nordea
Analysts at Nordea Markets see a stronger than expected rise in the Eurozone inflation in November as a temporary surge until year-end and continue to
India's GDP Growth Drops To 4.5%, Lowest In 26 Quarters
The data comes two days after Nirmala Sitharam on Wednesday quelled fears about the Indian economy going into recession.
When is the Canadian GDP report and how could it affect USD/CAD?
Friday's economic docket highlights the release of monthly Canadian GDP growth figures for October, scheduled to be published at 13:30 GMT. Statistics
CSO figures reveal renters more likely than homeowners to be in 'consistent poverty'
Renters were found to be more likely to be notably suffering financially as a result of moving out.
Want to take ties with India to high levels: Rajapaksa
New Sri Lankan president Gotabaya Rajapaksa wants to take his country's relationship with India to a very high level.
Trump Makes Surprise Visit To Afghanistan, Meets Country’s President
U.S. President Donald Trump paid a surprise visit to Afghanistan on Thursday evening, meeting with his Afghan counterpart Mohammad Ashraf Ghani and spending Thanksgiving with U.S. troops stationed in the country, Concise News reports.
In test of 'fake news' laws, Singapore tells Facebook to correct user's post
The government issued the order after a post containing accusations about the arrest of a supposed whistleblower and election rigging.
Uganda asks more Asians to grab available investment opportunities
Uganda’s Vice President Edward Kiwanuka Sekandi has called upon Arab Countries mostly people from the United Arab Emirates (UAE) to rush and grab the plenty of investment opportunities that the country beholds. This was during the 5th Edition of the UAE – Uganda Trade and Investment Forum that was held at Sheraton Hotel and organized by the Sharjah Chamber of Commerce. It attracted over 22 companies from UAE who came to look for trade and investment opportunities in Uganda. Alex Onzima, a Minister of State in the Vice President’s office highlighted the need for trade performance between the two sister countries while representing the Vice President Sekandi. “We believe that what Ugandans and Africans need to develop is Trade, foreign Investments and access to markets but not Aid.
Present Equity Valuations Suggest Negative Returns For Next Decade
In terms of Buffett's self-proclaimed favourite value indicator, as shown below, the S&P 500 is now priced at 144% of US GDP, far above the 2007 top, and near the short-lived highest-ever valuations i
New rules on gift voucher expiry dates come into effect from Monday
Businesses will be banned from putting an expiry date of less than five years on gift vouchers fr...
ForMin Aurescu welcomes Ambassador Klemm on his farewell visit, reiterates interest in Visa Waiver
Foreign Affairs Minister Bogdan Aurescu has welcomed at the Foreign Affairs Ministry (MAE) headquarters, on Friday, Ambassador of the U.S....
Publisher says he's hearing interest in nonprofit turn
NEW YORK (AP) - The publisher of the nation's first daily newspaper to be granted nonprofit status says he's since heard from a few dozen lawyers and news executives curious about whether the Salt Lake Tribune's approach could work elsewhere.
Fears for Oldbury site as Npower restructuring could cost thousands of jobs
Energy giant Npower has announced plans to restructure its UK business, leading to the loss of up to 4,500 jobs and the closure of a number of call centres.
Imran Khan praises Turkey’s diplomacy model
The mindset in Turkey changed after Erdogan came to power, says PM Imran
Chinese investments in Malaysia halve, US inflow soars, new govt data reveals
KUALA LUMPUR, Nov 29 — Chinese investments into Malaysia halved to US$1.7 billion in the first nine months of the year from a year ago, though US investments soared seven times to US$5.9 billion — reflecting a diversion of funds due to the Beijing-Washington trade clashes. Data provided by the...
Tourists' presence might accelerate Antarctica's demise
A 40% increase in the number of tourists to Antarctica this year could lead to accelerated environmental degradation of the vulnerable region say scientists.
South Africa court rejects Zuma appeal to prevent corruption trial
JOHNANNESBURG (Reuters) - A South African court on Friday rejected an appeal by former president Jacob Zuma that sought to prevent his prosecution on corruption charges over a $2 billion arms deal.
Railways saw least number of accidents in last two and half years: Goyal
"The last 2.5 years have been the safest in the history of Indian Railways. There have been least number of accidents in the last 2.5 years", the minister said
Gotabaya Rajapaksa's visit has potential to boost bilateral trade, investments with Sri Lanka: Assocham
"We can significantly increase our bilateral trade from the present level of about USD 7 billion. Besides, mutual investment can also flourish in a number of areas, including ports, airports, highways, metro rails, telecommunication, petroleum products and hydel power," Assocham President B K Goenka said.
EM stocks fall on trade deal doubts; Lira firms on central bank comments
BENGALURU (Nov 29): Emerging markets stocks fell on Friday on worries that a new US law backing Hong Kong protesters could hinder progress in resolving the Sino-US trade war, while comments from the Turkish central bank breathed new life into the lira.MSCI's stock index for emerging markets fell nearly 1%, extending losses to the second straight session after US President Donald Trump signed into law on Wednesday legislation that supported the protesters, a move that China said it would
Swedish economy ups pace in Q3, supports Riksbank hike plans
STOCKHOLM — Sweden’s economy accelerated slightly in the third quarter from a tough start to the year, data showed on Friday, providing some support for the central bank’s plan to increase the benchmark rate at its meeting in December.
Eurozone unemployment's falls to lowest rate since July 2008
LONDON (AP) - Unemployment across the 19-country eurozone has fallen to its lowest rate since July 2008 even though growth is cooling in the face of headwinds like the U.S.-China trade war and uncertainty related to Britain's departure from the European Union.
Pfizer, Flynn face reinstatement of £90m CMA fine
The UK’s competition regulator is pushing to reinstate a £90m fine for Pfizer and Flynn Pharma – quashed last year – over price hikes for an epilepsy drug.
Weston-super-Mare toilets used by prostitutes and drug dealers to close
The loos will be demolished as part of a major town centre regeneration programme
QL Resources 2Q net profit up 15%
KUALA LUMPUR (Nov 29): Poultry farmer QL Resources Bhd saw its net profit rise 15.1% to RM69.68 million in its second financial quarter ended Sept 30, 2019 (2QFY20) from RM60.52 million a year ago, mainly due to higher sales from its marine product manufacturing (MPM) segment.This resulted in a higher earnings per share of 4.29 sen for 2QFY20 compared with 3.73 sen for 2QFY19.Revenue for the quarter rose 16.6% to RM1.07 billion from RM920.26 million a year ago.In a
Mzansi Magosha’s offer Black Friday discounts
Mzansi Magosha's offer Black Friday discounts in a bid to lure customers charging as little as ZAR50 per session and men are happy
Rupee slips 11 paise to 71.73 against USD ahead of GDP
India's economy grew at 5 per cent in the first quarter of 2019-20 -- the slowest pace in over six years.
Ukraine protests visit of Russian propagandists to UN forum
The mission told that persons claiming to be representing Crimea must not be accredited at UN events as part of Russian or any other delegation but that of Ukraine.
Wagners secures contract for Adani’s Carmichael mine
Wagners has secured a contract from Adani Mining to deliver a quarry operations package for the Carmichael project in the Galilee Basin.
North Korea's Thanksgiving Day test shows improving speed for missile crews
SEOUL (Reuters) - North Korean leader Kim Jong Un expressed “great satisfaction” over the latest test of a large multiple-rocket launcher, state media said on Friday, a launch that experts said showcased improving performance by the system and its crews.
Bonanza Creek Energy: Strong Operational Performance Adds To Its Value
Bonanza Creek has delivered at the high end of production expectations while spending towards the lower end of its original capex budget.Production growth may be lower in 2020 as it attempts to minimi
Rs 2,000 notes not much in use, can be taken out of circulation: S C Garg
Rs 2000 notes were circulated by RBI in November 2016 after demonetisation of Rs 500 and Rs 1,000 notes
What Japan's next stimulus package should aim for
The government's challenge will be to put together a spending package that shores up consumer spending and increases the economy's growth potential.
Vanguard International Dividend Appreciation ETF: Exposure To High-Quality Foreign Stocks
VIGI screens for non-U.S. stocks with at least a seven-year consecutive history of increasing the dividend amount.Fund has outperformed some other widely traded foreign stock ETFs in recent years.VIGI
Business Cycle Data And Investor Sentiment Supportive Of Higher Equity Prices
One factor impacting investor sentiment at the moment may be the fact the equity market has generated strong returns to date in 2019.With the strong equity market returns in 2019, investors seem to be
Huawei tipped for fresh US legal fight
Huawei began preparations for a legal challenge against a US Federal Communications Commission (FCC) decision ...
HSBC and Santander customers set for refund
The competition watchdog says the banks failed to send text alerts to customers about to go into the red.
D-day: Court To Rule On Jacob Zuma’s Appeal Against Corruption Trial
DURBAN – Former President Jacob Zuma and co-accused Thales will know if they can take their case to the Supreme Court of Appeal (SCA) after the High Court in Pietermaritzburg ruled that they must stand trial. Last week, Zuma’s lawyers argued that the SCA may arrive at a different conclusion and Zuma may eventually be […]
Pakistan to Debut Chinese Yuan-Denominated Panda Bonds Worth $1 Billion
New Delhi (Sputnik): China’s Panda Bonds are onshore products that help international borrowers to explore domestic yuan investors. These yuan-dominated notes are sold by non-Chinese issuers.
Shopee's Desaauto@KPLB to sell automotive products, aid rural economic growth
KUALA LUMPUR: Following the success of Desamall@KPLB, Shopee, in collaboration with the Rural Development Ministry and ELokal, launches Desaauto@KPLB, an automotive e-store.
Court annuls sack of FUOYE’s Lecturer, orders immediate reinstatement
Court sitting in Abuja has annulled the sack of Prof. Adeyemi Oluwagbemiga of the Federal University, Oye Ekiti (FUOYE), by management of the university.
How Bitcoin Miners Are Not Causing The Price Plunge
When bitcoin starts to turn south and the selloff intensifies, fingers start pointing. The crypto community wants to blame something ...
Brace for a warmer winter in India this year, says IMD
M Rajeevan, secretary, Ministry of Earth Science (MoES) had said last week that 2019 is set to become the second-most warmest recorded calendar year ever.
Watch: Finance Minister Nirmala Sitharaman’s colleagues napped in Parliament during her speech
Sitharaman was speaking on the economy, on which, in the space of three months, she has changed her stance from ‘all is well’ to ‘there’s a slowdown’.
Audited Reports: CBN, FIRS, others flout Senate’s 7-day ultimatum
The CBN, FIRS and other government MDAs have flouted the 7-day ultimatum for the submission of audited reports issued by the Nigerian Senate.
OZ Minerals to begin construction of Pedra Branca mine in Brazil
OZ Minerals has started construction of its Pedra Branca underground copper-gold mine in the southern part of the Carajás in the Pará state of Brazil.
China: Crypto Exchange IDAX Locks up Cold Wallet as CEO ‘Goes Missing’
IDAX reported liquidity problems prior to Lei Guorong absconding, while it remains uncertain what access he has to the platform’s wallets.
Rail operator vows extra compensation for disrupted passengers
West Midlands Trains said timetable changes in May led to disruption on its London Northwestern Railway and West Midlands Railway services.
'Don't mix it with middle-lower ones': Jokowi says Labuan Bajo is 'super premium'
Jokowi has ordered the Tourism Ministry to apply a visitor quota to Labuan Bajo, a tourist destination that is also the gate to Komodo Island.
Opposition protest in Assam Assembly as onion prices reach Rs 100 per kg
They asserted that they will continue to protest in the same manner till the state government takes measures to control the price of onions, which is selling at Rs 100 and more per kg in the state
Top headlines: Q2 GDP growth slips to 4.5%, CEA defends tax cut & more
From Mukesh Ambani becoming ninth richest on Forbes' billionaires list to PM Modi announcing $50 million assistance to Sri Lanka, Business Standard brings you the top news of the day
Bengaluru flat case: Enforcement Directorate attaches land worth ₹7-crore in Tamil Nadu
Agricultural land worth about ₹7 crore in Tamil Nadu’s Nilgiris district was attached by the Enforcement Directorate in connection with a money-laundering probe linked to an alleged flat buyer’s cheat
Flags of competing nations raised
THE presence of all 11 competing nations in the 30th Philippine SEA Games was formally recognized on Friday morning during simple flag-raising ceremonies held at the plaza of the Athletes Village at the New Clark City in Capas, Tarlac.
Report: Germany to Completely Outlaw Hezbollah Next Week
The German government intends to completely ban all Hezbollah activities in the country, including the flying of its flag.
Bank of Ghana releases specimen of the new GHC100, GHC200 and GHC2 coin
The Central Bank of Ghana has released specimen of new GHC100, GHC200 Cedi notes and GHC2 coin that is expected to hit the market soon. Governor of the Central Bank, Dr. Ernest Addison at a press conference in Accra on Friday, November 29, 2019, said the new cedi notes will help shore up the value […]
Brothers In ‘Arms’: Why Uttarakhand And Haryana Should Walk Together Using Gita Mahotsav, For A Larger Hindu Cause
Last year, Haryana’s partner for this event was Uttar Pradesh.
Oil mixed amid slow holiday trade before Opec+ meeting
West Texas Intermediate (WTI) futures were up 4 cents, or 0.1 per cent, at $58.15 a barrel.
Eurozone unemployment's falls to lowest rate since July 2008
LONDON (AP) - Unemployment across the 19-country eurozone has fallen to its lowest rate since July 2008 even though growth is cooling in the face of headwinds like the U.S.-China trade war and uncertainty related to Britain's departure from the European Union.
'Unemployment at its peak': Stalin slams Centre for lack of jobs, layoffs
As many as 7,000 graduates including engineers have applied for 549 posts of sanitary workers advertised by the Coimbatore City Municipal Corporation after which Stalin called for intervention
Check Out These Green Friday Deals From Dispensaries In States Where Cannabis Is Legal
Now that marijuana is legal in the majority of US states, whether for medical or recreational use, cannabis dispensaries are getting in on the “Black Friday” madness by having sales on ...
Water master plan to guard against drought in South Africa
SA's water master plan outlines a series of urgent steps to be taken and implemented in order to address systematic and infrastructural challenges.
French army helicopters that crashed in Mali were not under IS fire: general
PARIS (Reuters) - The French army said on Friday that two of its helicopters that crashed in Mali this week had not been under fire from Islamic State jihadists, contradicting a statement from the militants.
Troops neutralise 13 Boko Haram, ISWAP terrorists in Borno -Army
The combined troops of Sector 3 Operation LAFIYA DOLE and Sector 2 Multinational Joint Task Force (MNJTF) of Chadian forces have killed 13 t
Trump visits troops in Afghanistan, says Taliban talks back on
On a brief visit to Bagram Airfield outside the capital Kabul, Trump served turkey dinner to soldiers, posed for photographs and delivered a speech after meeting...
Ringgit ends slightly lower against US dollar
KUALA LUMPUR, Nov 29 — The ringgit ended slightly lower against the US dollar today in line the decline in global crude oil prices which affected the local note’s valuation, said a dealer. At 6pm, the ringgit settled at 4.1750/1780 against the greenback compared with yesterday’s close of...
Don’t buy the hype about a looming bacon shortage
Some reports have indicated that there could be a bacon shortage in 2020, but one economist isn't convinced you need to freak out about your breakfast fave.
Eurozone inflation firms but still below central bank goal
BRUSSELS — Official figures show that inflation across the 19-country eurozone rose in November but remains way below the level that the European Central Bank and its new president, Christine Lagarde, would like it to be.
Ex-Japan PM Nakasone dies at 101
Former Japanese prime minister, famed for national integration after the second world war dies at the age of 101.
Driven to recover, West Herr's Scott Bieler feels gratitude
When Scott Bieler slipped on a rug in his West Falls home, fell, and injured his neck, he was in serious trouble. He couldn't move his ha...
Huawei set to sue FCC for defamation (and the ban thing, obviously)
Dragon got claws
Euro-Area Inflation Quickens, But Remains Far Below ECB's Goal
(Bloomberg) — Explore what’s moving the global economy in the new season of the Stephanomics podcast.
More than half of EU consumers have environmental impact in mind when shopping
Today the European Commission released its 2019 edition of the Consumer Conditions Scoreboard. It shows that the overall gap in consumer conditions is narrowing between the different regions of the EU; that consumers are more aware about their environmental footprint; and that consumer rules enable trust in the marketplace. Věra Jourová, EU Commissioner for Justice, […]
Renault-Nissan to reboot alliance with new overseer
PARIS (Reuters) - Renault, Nissan and Mitsubishi plan to appoint a general secretary at the helm of their partnership to boost cooperation and reboot joint operations after the departure of former alliance supremo Carlos Ghosn.
Rajapaksa's visit can boost trade, investments with Sri Lanka: Assocham
Rajapaksa arrived here on Thursday on a three-day visit, his first overseas tour after taking over the reins of Sri Lanka 10 days back, a reflection of importance he attaches to ties with India
Stocks slip on trade worries as record high stays elusive
LONDON (Nov 29): World shares slipped on Friday as a leading index strained for a record high, with nerves gnawing away from Asia to Europe over how, or when, the US and China can agree a truce in their damaging trade war.The MSCI All Country world index, which tracks shares in 49 countries, fell 0.2% to 548.48 points, short of a record 550.63 scaled in January 2018 before the tensions over trade between Washington and Beijing broke out.European shares
Liquidity pressures faced by NBFCs, HFCs, to continue: Fitch Ratings
Increasing competition to offset lower growth may weigh on profitability and test risk appetite
Last 2.5 years have been the safest in Railways’ history, says Piyush Goyal
The entire rail network will be electrified in India which is the only country in the globe that is experimenting to convert diesel engines into electric, he said.
TECT sole sponsor of region’s Rescue Helicopter
TECT, a longtime supporter of the Bay of Plenty Coastal rescue helicopter service, have recently become sole naming right sponsor.
AP Explains: What awaits Suriname’s convicted president?
PARAMARIBO, Suriname — A court in the South American country of Suriname has convicted President Desi Bouterse in the 1982 killings of 15 prominent political opponents and sentenced him to 20 years in prison. The decision marks the end of a historic trial that began in 2007, the same year that Bouterse accepted “political responsibility” …
INS: 2.1pct drop in the number of building authorizations for residential buildings, in Jan-Oct
The number of building authorizations for residential buildings decreased by 2.1 per cent, in the first ten months of the year, compared with...
Green Climate Fund to channel over $1.87bn in tackling emissions
Green Climate Fund is now financing climate action in over 100 developing countries after the final Board meeting of 2019 approved 13 new projects.
Brazil’s president criticizes DiCaprio over Amazon fires
RIO DE JANEIRO — Brazilian President Jair Bolsonaro on Friday said actor Leonardo DiCaprio had funded non-profit groups that he claimed are partly responsible for widespread fires in the Amazon . . .
Automotive research centre opened in Madurai
The centre is aimed at enhancing research, testing and product development in automotive engineering
Former JSPCA chief executive pleads guilty to fraud
THE former chief executive of the JSPCA has pleaded guilty to defrauding the charity and has been remanded in custody.
USD/CNH: scope for extra consolidation near-term – UOB
FX Strategists at UOB Group believe the pair is posed for the continuation of the consolidative mood in the next weeks. Key Quotes 24-hour view: “USD
IRS Not Infringing Privacy Requesting Crypto Exchange Data: US Judge
A California federal court has affirmed the legitimacy of the U.S. tax authorities’ summons for data from crypto exchange Bitstamp in connection with an individual tax reporting case.
Boustead posts loss in 3Q on impairments in heavy industries and property divisions
KUALA LUMPUR (Nov 29): Diversified group Boustead Holdings Bhd recorded a net loss of RM155 million for the third quarter ended Sept 30, 2019, versus a net profit of RM7.3 million a year ago.The loss, the group said in a bourse filing, was due to impairments in the heavy industries and property divisions, totalling RM161.3 million, as well as weaker results in other divisions.The group reported a loss per share of 7.65 sen against earnings per share of 0.36
Jony Ive has disappeared from Apple’s leadership page 5 months after announcing he was leaving
The legendary hardware designer Jony Ive no longer features on the leadership page of Apple’s website.
Bokio, the Swedish startup simplifying accountancy with AI, raises €4 million round led by Creandum
Bokio, the Swedish based startup which utilises artificial intelligence to simplify bookkeeping for small businesses, sole traders, and freelancers, has raised €4 million.
Audi's Bold EV Future Comes At A Sacrifice
Investing in something as big as electric vehicles including the infrastructure, technology, and plant re-t...
Why are Iraqi protesters targeting Iranian buildings?
Baghdad, Iraq - As anti-government protests demanding a complete overhaul of the political system continue from the capital to the mainly Shia south, some protesters have focused their anger on official Iranian facilities.
Troops neutralise 13 Boko Haram, ISWAP terrorists in Borno
The combined troops of Sector 3 Operation LAFIYA DOLE and Sector 2 Multinational Joint Task Force (MNJTF) of Chadian forces have killed 13 terrorists...
AfDB approves $210m to boost electricity transmission in Nigeria
The African Development Bank (AfDB) has approved $210 million to boost electricity transmission in Nigeria. In a statement on Thursday, Ndidi Mbah, general manager of public affairs at the Transmission
Cree's CEO Talks About His Firm's Big 5G and Electric Car Opportunities
During a talk with TheStreet, Cree CEO Gregg Lowe shared plenty of details about the growth opportunities in front of his firm's Wolfspeed power semiconductor and materials unit.
Armagh tile solutions company create 20 new jobs in Dublin with €3m investment
Armatile announced plans to create 20 new jobs and invest €3m in a new luxury showroom and design hub in Dublin.
French army denies IS claim for deadly Mali crash that killed 13 soldiers
An ambush by Islamic State jihadists did not cause a collision between two French army helicopters which left 13 soldiers dead in Mali, France's military chief of staff said Friday.
East Asia's political vulnerability
To avoid Latin America-style political crises, East Asian governments must ensure that their economic policies support equitable growth.
Trump makes surprise visit to Afghanistan, meets Afghan president
U.S. President Donald Trump paid a surprise visit to Afghanistan on Thursday evening, meeting with his Afghan counterpart Mohammad Ash
Why 8th NASS rejected Buhari’s $30 billion loan request – Shehu Sani
Former chairman, Senate committee on local and foreign debt in the senate, Senator Shehu Sani has explained why the request by Nigeria President Muhammadu Buhari to borrow $30 billion was turned down by the 8th Senate.
Black Friday frenzy goes global - and not everyone’s happy
PARIS — People don’t celebrate Thanksgiving in France, or Denmark, or South Africa – but they do shop on Black Friday. The U.S. sales phenomenon has spread to retailers across the world in recent years with such force that it’s prompting a backlash from some activists, politicians and even consumers. Workers at Amazon in Germany …
The truth behind myths
It’s a blustery autumn Sunday and there isn’t much going on so you decide to turn on the television. You are all caught up on “The Game of Thrones” so why not tune into HGTV? There are a lot of great shows on there and besides, you were thinking of doing a few Real Estate investments anyways. Although HGTV is very entertaining, sometimes educational, sometimes inspiring, there are a lot of things you need to be careful of when making sound choices in Real Estate. Below are 5 big Myths of HGTV when it comes to Real Estate.
Eurozone inflation firms but still below central bank goal
Official figures show that inflation across the 19-country eurozone rose in November but remains way below the level that the European Central Bank and its new president, Christine Lagarde, would like it to be.
Rural unrest spreads as farmers’ anger boils over
Low food prices and widespread fears about the green transition fuel discontent.
Rail operator vows extra compensation for disrupted passengers
West Midlands Trains said timetable changes in May led to disruption on its London Northwestern Railway and West Midlands Railway services.
Daimler to ax at least 10,000 jobs in latest car industry cuts
Daimler said on Friday it will cut at least 10,000 jobs worldwide over the next three years, following others in the industry as they cut costs to invest in electric vehicles while grappling with weakening sales. It marks the third announcement on cost cuts this week by a major German car company as
Expo 2020 Dubai calls itself 'the world's greatest show': So what can you expect?
There's less than 12 months to go before the 2020 World Expo in Dubai opens its doors.
HSBC and Santander brought to book over text alert failure
HSBC and Santander are to refund millions of pounds to customer who incurred overdraft fees after the banks broke rules on sending text alerts to customers to warn them they were about to go into the red.
Eversendai 3Q net profit down 89%, hit by high expenses
KUALA LUMPUR (Nov 29): Higher operating and administrative expenses pulled down Eversendai Corp Bhd's net profit for the third quarter ended Sept 30, 2019 (3QFY19) by 88.8% to RM1.47 million from RM13.14 million a year ago.Eversendai said the significant increase in the operating and administrative expenses was partly due to higher depreciation expenses and other fixed costs expensed to income statement by its mechanical fabrication, installation and modularisation segment. This was due to the under-utilisation of the Ras Al
Dip in rail accidents in last two years: Piyush Goyal
Assuring members that Railways have taken steps to ensure safety and improve infrastructure, he said, "The last 2.5 years have been the safest in the history of Indian Railways. There have been least number of accidents in the last 2.5 years."
Public comments sought on revised Tennessee block grant plan
Federal officials are seeking the public’s input on Tennessee’s revised plan requesting to become the first state to receive funding in a lump sum for its Medicaid program, TennCare.
Menang Corp posts loss in 1Q due to land clearing and earthworks expenses, corporate exercises
KUALA LUMPUR (Nov 29): Menang Corp (M) Bhd posted a net loss of RM503,000 in the first quarter ended Sept 30, 2019, compared with a net profit of RM967,000 in the corresponding quarter last year.In a bourse filing, the group attributed the loss to expenses stemming from land clearing, earthworks and provisions for the costs of proposed corporate exercises.It reported a loss per share of 0.1 sen compared with earnings per share of 0.2 sen last year.Quarterly revenue declined
USD/CAD edges back closer to 1.3300 handle, focus shifts to Canadian GDP
The USD/CAD pair edged higher during the early European session on Friday, with bulls making a fresh attempt to reclaim and build on the momentum beyo
Divorce rates fall to lowest since 1971
But the number of same sex couples splitting up has risen by more than a quarter, figures show.
In a first, RBI sends DHFL to NCLT for debt resolution
India Business News: The Reserve Bank of India (RBI) on Friday sent the troubled mortgage lender Dewan Housing Finance (DHFL) for bankruptcy proceedings, making it the fir
Govt accounts show strong debt position, impact of tax timing changes
Govt accounts show strong debt position, impact of tax timing changes
Will take ties to new level, says Gotabaya Rajapaksa
In a dialogue with newly elected Sri Lankan president Gotabaya Rajapaksa on his three-day tour to India, Prime Minister Narendra Modi announced a line of credit of USD 400 million for development projects in Sri Lanka besides granting a separate fund of USD 50 million to help the country deal with challenges of terrorism.
Early shoppers beat Black Friday rush
Hardy and deal-hungry shoppers lined up Thursday outside JCPenney at Penn Square Mall, waiting in the cold and occasional rain for the doors to open at 2 p.m. so they could snap up an air fryer or two, various electronics and big-discount clothes. “Honestly, with the Black Friday deals you get on clothes, it makes it worth it, getting a little elbow room,” said Ryan Johnson, who shopped with his wife, Jazzlyn. “Black Friday before too long is gonna start in October.” Black Friday has long been a favorite shopping day for gift-shopping Americans, or in some instances when shoppers sought just to treat themselves to something nice.
Frog & Scorpion: Gaza Envelope Communities Plan Industrial Zones to Employ Thousands of Gaza Arabs
While the talks between Israel and Hamas are currently being conducted at a rapid pace, at least the Israeli side is optimistic (see: Al Akhbar: Israel Renews Talks with Hamas about Truce, Returning Soldiers’ Bodies), another initiative is being formed, which aims not only to stop the shooting war, but to also establish a true […]
Anambra acquires land for honey production, export — ADP Manager
Anambra Government has procured over five hectares of farmland at Igbariam in Anambra East LGA for Bee Plantation and Mass Production of honey for export
SCHOTT Glass to double capacity at Jambusar plant in Gujarat
Commits to infuse Euro 26 million by next year
Govt accounts show strong debt position
Hon Grant Robertson
Rail operator vows extra compensation for disrupted passengers
West Midlands Trains said timetable changes in May led to disruption on its London Northwestern Railway and West Midlands Railway services.
Chinese investments in Malaysia halve, U.S inflow soars
Chinese investments into Malaysia halved to $1.7 billion in the first nine months of the year from a year ago, though U.S. investments soared seven times to $5.9 billion - reflecting a diversion of funds due to the Beijing-Washington trade clashes. Data provided by the Malaysian Investment Development
Amazon workers stage strike on Black Friday
BERLIN (AP) - Workers at Amazon distribution centers in Germany have gone on strike for better pay on Black Friday, one of the busiest days of the year for the online retailer.
Iran Arrests Eight as it Blames CIA Conspiracy for Recent Riots
Iran security forces made eight arrests Thursday of people it accuses of having direct links to the U.S. Central Intelligence Agency.
Hallmarking to be mandatory for gold jewellery from 2021: Ram Vilas Paswan
However, one year period will be provided for implementation of this decision to enable jewellers clear their existing stock
IOB elevates Bhuwan Chandra as CFO
Public sector Indian Overseas Bank has announced the elevation of Bhuwan Chandra as its Chief Financial Officer with effect from December 1. Chandra succeeds Radha Venkatakrishnan who is superannuatin
Banks working with gov’t to track down criminal underworld financial advisors
Four banks teamed up with the Dutch government and authorities to fight against financial service providers who launder money for criminals, Financieele Dagblad reported on Friday based on
BMW Builds a Plant for Electric Cars in China
Luxury German carmaker BMW on Friday said it would build fully electric models of its Mini cars at a new plant in China, as it kicked off a joint venture with Chinese partner Great Wall Motor. About 160,000 vehicles are are set to roll off the assembly line at the planned factory in the city of Zhangjiagang in Jiangsu province, Tech Xplore reported.
Divorce rates fall to lowest since 1971
But the number of same sex couples splitting up has risen by more than a quarter, figures show.
Continental Reinsurance Plc suspended from trading shares on NSE
Trading in the shares of Continental Reinsurance Plc has been suspended effective Thursday, 28 November 2019.
Dark times: Eskom Has A R50 Billion Shortfall
JOHANNESBURG – Eskom on Thursday said it needed to come up with a way to address the R50 billion shortfall it had accumulated this past financial year. The power utility projected that it would lose R20 billion by the end of the year. Its operating costs are over R30 billion. Eskom’s CFO Calib Cassim said […]
Jony Ive has disappeared from Apple's leadership page 5 months after announcing he was leaving
Legendary hardware designer Jony Ive no longer features on the leadership page of Apple’s website.
Expo 2020 Dubai calls itself 'the world's greatest show': So what can you expect?
There's less than 12 months to go before the 2020 World Expo in Dubai opens its doors.
BARMM to benefit from intensified trade in BIMP-EAGA
COTABATO CITY – The Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) will benefit mainly from intensified trade between the Philippines and its counterparts in Malaysia, Brunei, and Indonesia under the 25-year old Brunei Darussalam Indonesia Malaysia Philippines East ASEAN Growth Area (BIMP-EAGA) corridor.
The Bitcoin Man Acquires FortuneZ, Appoints Sydney Ifergan as COO
Herbert Rafael Sim, popularly known as The Bitcoin Man, has acquired crypto-focused business publication company FortuneZ for a sum of $2,500,000.
South Africa's Zuma loses bid to appeal against corruption trial
A court in South Africa on Friday dismissed former President Jacob Zuma's attempts to appeal against his corruption trial related to a 1990s arms deal.
PwC probe finds executives at Tongaat overstated profits, assets
Executives used 'undesirable accounting practices'.
Ola restructuring biz over IPO to cost 250 jobs: Report
The spokesperson added that the restructuring is aimed at becoming "more nimble and have a sharper focus on growth and profitability".
Mayar Fund's Q3 2019 Letter To Partners
We invest globally in great businesses that have durable economic moats, favorable customer economics, consistent financial results, high and stable returns on capital, strong cash flow generation, an
Gold rallies Rs 143 to Rs 38,695 on rupee depreciation, positive trend
On Thursday, gold prices closed at Rs 38,552 per 10 gram
Empty streets on Black Friday as customers choose to shop online instead
Black Friday got off to a very, very quiet start this morning.
Families of Mexico massacre victims suffer backlash over cartel row
Members of a U.S.-Mexican religious community who lost relatives in a gangland massacre this month have come under fire from supporters of ...
Moscow Accuses NATO of Luring Extra-Regional Nations Into Military Activities in Arctic
MOSCOW (Sputnik) - NATO increases military and political tensions in the Arctic region through encouraging extra-regional nations to engage in military activities there, the Russian Foreign Ministry's ambassador-at-large for international Arctic cooperation, Nikolai Korchunov, said.
LTFRB to review Grab’s fare structure
Following the P23-million fine imposed by the Philippine Competition Commission (PCC) against Grab Philippines, transport regulators will review the ride-sharing firm's fare setting scheme to determine any violation on existing agency policies.
German Amazon workers strike on ‘Black Friday’
FRANKFURT AM MAIN, Nov 29 — Hundreds of Amazon workers in Germany walked off the job as the US online retailer kicked off its “Black Friday” sales bonanza, escalating a long-simmering battle for better pay and working conditions. The strike called by the powerful Verdi union is set to last...
Terrorist group claims role in deadly French helicopter crash in Mali
France intervened in Mali in 2013 after extremists seized control of major towns in the north and implemented a harsh version of Islamic law. They were forced back into the desert, where they have reg
Hong Kong to allow airlines to keep airport slots despite cutting capacity
HONG KONG: Airlines that fly to and from Hong Kong will be able to keep their prized airport slots even if they temporarily cut capacity due to ...
Eurozone Preliminary CPI arrives at +1.0% YoY in Nov vs. +0.9% expected - EUR/USD unfazed
More to come ....
Satoshi Nakaboto: ‘Bakkt Bitcoin future trades hit daily record of $42.5M’
Our robot colleague Satoshi Nakaboto writes about Bitcoin BTC every fucking day.
Share Market highlights: Sensex ends 336 points down, Nifty near 12,050; Yes Bank, HUL top losers
Share Market News Today | Sensex, Nifty, Share Prices LIVE: The headline indices Sensex and Nifty receded from record high levels on Friday, tracking weak GDP data outlook.
Big challenges for small business debated at APEC Forum next week
The big challenges for New Zealand small businesses, including mental health risks, cashflow and support for women-led businesses will be under the spotlight next week at the APEC SME Productivity and Performance Forum in Wellington.
Amazon workers stage strike on Black Friday
BERLIN (AP) - Workers at Amazon distribution centers in Germany have gone on strike for better pay on Black Friday, one of the busiest days of the year for the online retailer.
Zimbabwe facing 'man-made' starvation, UN expert warns
Zimbabwe is facing "man-made" starvation with 60 percent of the people failing to meet basic food needs, a UN special envoy said Thursday after ...
Overseas experts criticize US signing of Hong Kong-related act into law
Political experts worldwide and overseas Chinese communities have criticized the signing of a Hong Kong-related act into law by the United States, saying the move interferes in China's internal affairs.
Black Friday sees fewer shoppers in US stores as spending moves online
TRIPOLI: Libya’s National Oil Company said Thursday production had resumed at a key field in the southwest a day after it was interrupted by fighting there. “Following the cessation of military activity at the (Al-Feel) oilfield, production has resumed,” the NOC said in a statement on its website. Forces backing eastern-based strongman Khalifa Haftar, who seized Al-Feel
Bennett: Force Iran to give up on Syria
Defense Minister says Israel has unique opportunity to force Iran out of Syria while Tehran is under pressure at home with economic woes.
NSE commodities segment gets CBDT recognition, traders to get tax benefit
The approval will benefit traders in relation to trading in commodity derivatives segment of the NSE as the derivative income will be treated as business income
Do Activist Investors Create Value?
The exchange-traded fund industry is expanding its product range to all investment strategies and grabbing more and more market share from the mutual fund sector.Activist investing isn't a new phenome
Health insurance: Hygeia HMO announces 20% discount
HMO, has will today began its first-ever Black Friday sales in health services even as it announced 20 per cent discounts on its health plans for shoppers
India announces $400 million loan for Sri Lanka, in support of new president
NEW DELHI (Reuters) - India will lend Sri Lanka $400 million for infrastructure projects, Prime Minister Narendra Modi said on Friday after talks with the island nation’s new President Gotabaya Rajapaksa aimed at improving bilateral ties.
India Cuts Purchase of P-8 Spy Planes From US in Half
New Delhi (Sputnik): The Indian Navy had originally asked for 10 P-8I aircraft in a bid to deploy more spy planes to crucial points in the Indian Ocean region under “Mission Based Deployment”. However, the Defence Ministry has now decided to cut the request in half due to budget constraints.
U.S. to Negotiate Carbon Trades Under Climate Pact Shunned by Trump
(Bloomberg) — President Donald Trump may be withdrawing from the Paris climate agreement, but the U.
Company Asks Female Employees To Wear ‘Period Badges’ To End Stigma
A company in Japan is asking its female employees to wear a badge to signal when they’re on their period to beat the existing stigma
Five-year-old boy dies in Bacolod fire
BACOLOD CITY – A five-year-old boy died in a fire that razed four houses at Purok Sigay, Brgy. 2 on Thursday, Nov. 28.
Natwest, RBS Facing Black Friday IT Wobbles as Services Go Down
Royal Bank of Scotland (RBS) and Natwest are both facing IT issues this morning with thousands of customers unable to access accounts. With RBS down...
Zimbabwe army generals sweat over rampant indiscipline
ZIMBABWE National Army (ZNA) commander Lieutenant-General Edzai Chimonyo last week convened an emergency staff meeting where he read the riot act over rampant i...
The U.S. Navy Would Have Been Stacked with Battleships If 1 Thing Never Happened
Any guesses?
GDP growth slows down to 4.5% in Q2, hits more than 6-year low
India's Q2 GDP Growth 2019: DEA Secretary Atanu Chakraborty and CEA KV Subramnaian said that the fundamentals of India economy remain strong and the GDP growth rate is expected to bounce back in the third quarter of this fiscal
Chinese investments in Malaysia halve, US inflow soars
KUALA LUMPUR (Nov 29): Chinese investments into Malaysia halved to US$1.7 billion in the first nine months of the year from a year ago, though US investments soared seven times to US$5.9 billion — reflecting a diversion of funds due to the Beijing-Washington trade clashes.Data provided by the Malaysian Investment Development Authority (MIDA) to Reuters on Friday showed that China, traditionally the Southeast Asian country's biggest investor, has now slipped to third position behind the United States and Japan.Foreign
Reach share price jumps as Mirror owner pulls out of JPI talks
Shares in the publisher jumped higher in early trading after it also reported a 4.4% decline in revenue for the five months to November 24.
South Africa’s Zuma loses bid to appeal against bribe trial
A South African court on Friday dismissed former president Jacob Zuma
Russia arrests woman suspected of spying for Ukraine in Crimea
MOSCOW, Nov 29 — Russia has arrested a Russian woman in the Crimean city of Sevastopol on suspicion of treason for allegedly stealing military secrets on behalf of Ukraine, the Federal Security Service said today. Russia annexed Crimea from Ukraine in 2014 but Kiev and the West consider it...
Zuma and Thales’ leave to appeal dismissed with costs
Former president Jacob Zuma’s leave to appeal the refusal of a permanent stay of the graft charges he faces was denied with costs by a full bench of the Pietermaritzburg High Court on Friday.The leave to appeal for French arms manufacturer Thales was also dismissed with costs.Advocate Muzi Sik
Dagga laws in SA: some oils are more legal than others
Clicklaw explains why you may now trade in CBD oil and which limits apply.
The Death of FX Volatility
Volatility in the Euro-Dollar exchange rate reached an all-time low this week, and dying volatility is being recorded in most other major currency pairs as we enter the final month of the year
Tata Altroz pre-bookings to open from December 4, 2019
Tata Altroz prices expected to be announced in January 2020. Altroz booking amount set at Rs 21,000. Click for more details about the Maruti Baleno rival.
Jony Ive has disappeared from Apple's leadership page 5 months after announcing he was leaving, Business Insider - Business Insider Singapore
Business Insider - The London-born Ive played a major role in the design of several iconic Apple products, including the iPhone, the iPod, and the iPad.. Read more at businessinsider.sg
Swiss firm Zurich Airport beats Adani, DIAL bids to build Jewar airport
Jewar Airport or the Noida International Greenfield Airport will come up in 5,000 hectare area when fully constructed
India announces $400 million loan for Sri Lanka, in support of new president
India will lend Sri Lanka $400 million for infrastructure projects, Prime Minister Narendra Modi said on Friday after talks with the island nation's new President Gotabaya Rajapaksa aimed at improving bilateral ties. Sri Lanka, located off the southern tip of India, has become an arena of competing
Sensex falls 336 points to close at 40,794 ahead of GDP data; Nifty below 12,050
India Business News: Equity indices on Friday ended in red with the benchmark BSE sensex plunging over 300 points ahead of quarterly GDP growth data release. The 30-share
Japan ex-PM Nakasone who boosted ties with US dies at 101
Former Japanese Prime Minister Yasuhiro Nakasone, an ardent conservative who worked to forge a stronger military alliance with the United States, died on Friday at the age of 101, an official at his son's office said. In office for five years from November 1982 to November 1987, Nakasone was known for trying to transform the nation defeated in World War II into a full-fledged member of the West during the Cold War era.
Police checks apology and Black Friday upstages Boxing Day; In-The-News Nov. 29
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 Nov. 29. What we are watching in Canada ...
South Africa court rejects Zuma appeal to prevent corruption trial
A South African court on Friday rejected an appeal by former President Jacob Zuma that sought to prevent his prosecution on corruption charge
FBI Investigating Newark Beth Israel’s Transplant Program for Possible Fraud
The bureau is looking at whether the hospital may have defrauded Medicare and Medicaid as it kept a vegetative patient on life support for the sake of its metrics.
Government should nationalize Kenya Airways quickly -CEO
NAIROBI — The government must move quickly to nationalize Kenya Airways as regional competitors seeking to carve out market share pour cash into their national carriers, the airline’s chief executive said.
Black Friday frenzy goes global - and not everyone’s happy
The U.S. sales phenomenon has spread to retailers across the world in recent years with such force that it's prompting a backlash from some activists, politicians and even consumers.
'Dysfunctional' Zimbabwe on brink of man-made starvation
About 5.5 million people in rural areas face food insecurity. In urban areas, about 2.2 million people lack access to basic public services, including health and safe water, according to figures by U.
Hengyuan’s 3Q net loss narrows on turnaround plan
KUALA LUMPUR (Nov 29): Hengyuan Refining Company Bhd’s net loss narrowed in the third quarter ended Sept 30, 2019 to RM11.43 million from RM122.49 million a year earlier, due to higher revenue.Loss per share fell to to 3.81 sen from 40.83 sen, the group said in a filing today.Hengyuan said revenue for the quarter jumped 56% to RM3.23 billion from RM2.07 billion a year ago, as the refinery recorded sales volume of 10.7 million barrels.For the nine-month period, the
Samsung Note 10 sales surpass predecessor
The Galaxy Note 10 proves popular in SA, and Samsung continues to empower youth through its multimillion-rand bursary.
North Korea Fires 'Super-Large' Rocket System
The launch was the fourth and final test of the system, Pyongyang have said.
Israel denounces Myanmar atrocities against Muslim minority
Foreign Ministry condemns atrocities against Myanmar's Rohingya minority, after diplomat tweets 'good luck' to officials accused of genocide
Euro zone inflation rises quicker than expected in November
BRUSSELS/FRANKFURT (Reuters) - Euro zone inflation accelerated faster than expected in November on a rise in food and services prices, likely comforting European Central Bank policymakers even if some factors pushing up prices may be only temporary.
U.S. House Judiciary panel invites Trump to Dec. 4 impeachment hearing
The U.S. House of Representatives Judiciary Committee on Tuesday invited President Donald Trump to its first impeachment hearing, scheduled for Dec.
Amid 'air apocalypse', mask-clad Lahore looks for answers
Lahore’s worsening air quality has led it to overtake New Delhi on some days as the most polluted city in the world
New World Fund sells Adani Ports shares worth Rs 401 crore
Bulk deal data on the BSE showed that 1,06,87,163 scrips were sold at an average price of Rs 375.34 apiece.
Top U.S. retailers absorb tariff pressure ahead of holiday shopping season
WASHINGTON (Reuters) - Prices for electronics sold online at top U.S. retailers were up slightly heading into the critical U.S. shopping season, but sites including Walmart Inc (WMT.N) and Amazon.com Inc (AMZN.O) have held prices steady for many other popular holiday products despite the pressure from tariffs on Chinese imports.
4.5 % GDP growth rate unacceptable, worrisome: Manmohan Singh
Former Prime Minister Manmohan Singh said on Friday the GDP growth rate of 4.5 per cent was unacceptable and worrisome, and urged his successor Prime Minister Narendra Modi to set aside 'deep-rooted suspicion' of society and nurse India back to harmonious, mutually trustworthy society that can help the economy soar.
$20 Billion in Assets on the Move to New Blockchain in 2020 by British Powerhouse HSBC: Report
Blockchain technology will power a new platform launched by HSBC. Reuters reports that the British banking giant is releasing Digital Vault in 2020. The blockchain-based custody solution will grant investors real-time data for securities that are bought on private markets. Paper records primarily comprising private placement transactions will be swapped for blockchain records, making HSBC’s […]
Daimler to cut thousands more jobs in bid to reduce costs
Car manufacturer struggling with cost of electic vehicles
US merger rush stirs debate over equities bull market
Some see signs of rally’s impending end in rash of multibillion dollar tie-ups
Take Five: NATO -- dead or alive?
(Reuters) - 1/ HAPPY BIRTHDAY NATO!
CBOT Trends - Corn, wheat seen steady to higher; soybeans mixed
CHICAGO, Nov 29 (Reuters) - Following are U.S. trade expectations for the opening of grain and soy complex trading at the Chicago Board of Trade (CBOT) at 8:30 a.m. CST (1430 GMT) on Friday.The markets were closed on Thursday for the Thanksgiving holiday.WHEAT - Steady to up 2 cents per bushel* There were no deliveries against the CBOT's December wheat contract on first notice day on Friday. Traders expected deliveries of zero to 400 contracts, with most anticipating none.
Maria 01: The Future of The Largest Startup and Venture Campus in Europe
From the creators of Slush, the Maria 01 Startup and Venture Campus in Helsinki is a mini-city within the city, expanding to become Europe's best and largest startup campus, a place every startup and VC must know about.
Israel steps up settlement projects in occupied Jerusalem after US move
Israel announced on Thursday that it would approve 11,000 illegal housing units in the north of Jerusalem, following a surge of illegal settlements in...
StudentFinance.com, founded by the team behind Uniplaces, raises €1.15 million to reshape education financing using AI technology
StudentFinance, a Fintech company created by the founders of Uniplaces, has today announced it has closed a €1.15 million seed round of funding led by Seedcamp (investors in Revolut and TransferWise – two of the largest fintechs in Europe) and Mustard Seed Maze.
GDP at 4.5%: 'Worrying,' says Manmohan Singh; 'fundamentals strong,' counters govt
India Business News: India's GDP growth hit an over six-year low of 4.5 per cent in July-September 2019, triggering a war of words between the government and the oppositio
Turkish, Qatari financial authorities sign deal to expand economic, financial ties
The Presidential Finance Office and the Qatar Financial Center signed a memorandum of understanding (MoU) to expand cooperation during President Recep...
New Strawberry-Flavored H.I.V. Drugs for Babies Are Offered at $1 a Day
Thousands of infants are doomed to early deaths each year, in part because pediatric medicines come in hard pills or bitter syrups that need refrigeration.
Experts on GDP numbers: 'Worst is not past us'
Former Chief Statistician of India, Pronab Sen said the manufacturing showing negative growth is certainly worrying. "I don't think the growth has bottomed out, the growth figures may continue to decline the next quarter too, however, post fourth quarter may show some recovery owing to the base effect," Sen said.
Children of divorce are sticking at marriage, as ONS reveals divorce rate fallen to lowest for almost 50 years
Children of divorce are sticking at marriage, experts say, as official figures reveal that the divorce rate has fallen to the lowest for almost 50 years.
NATO spending tweak lets Berlin push back on Trump
US will pay less for budget that covers alliance HQ while Germany pays a little more.
Govt extends mandatory FASTag roll out for toll payments to December 15
The Ministry of Road Transport and Highways had earlier announced that from December 1, toll payments on highways would be accepted through FASTags only
The Hidden Trucking Industry Subsidy
This US based article shows we ‘public’ give an exorbitant unfair amount of subsidy to the trucking industry.
US-China trade war news: Clash around law supporting Hong Kong
While harsh statements from Chinese and Hong Kong diplomats to the US should have potentially dragged the Asian shares to south, losses are limited ah
Farmers’ grievance meet turns stormy
Stir against ‘denial’ of Vaigai water for irrigation
Goldman Sachs is going through a huge transformation under CEO David Solomon. Here’s everything you need to know.
Here’s everything we know about what’s going on inside Goldman, from its changing tech culture to shakeups in its inner ranks.
Thousands of Aussies ditch big energy companies for cheaper, local alternatives
Thousands saving up to $430 on energy costs – compare today! Affordable energy continues to be a top concern for many seniors and cost-wary Aussie
4.5% GDP growth rate unacceptable, worrisome: Former PM Manmohan Singh
He said the "toxic combination of deep distrust, pervasive fear and a sense of hopelessness in our society" is stifling economic activity and growth
Fiscal deficit for April-Oct touches Rs 7.2 trillion, exceeds FY20 target
This was 102.4% of the full-year target, compared with 103.9% for the same period last year
Former Nepal PM calls for trilateral partnership with India and China
Prachanda said Nepal being a sovereign and independent country should have equal status and say in the trilateral partnership
Government extends deadline for mandatory FASTags to December 15
FASTag-enabled payment is currently available at over 450 toll plazas across national and state highways.
AIIMS duped of Rs 12 cr as fraudsters withdraw money using 'cloned cheques'
The money was illegally withdrawn from the AIIMS' accounts in the State Bank of India at its non-home branches in other cities
Russia's Novak: Would rather take decision on output extension close to April
Russian Energy Minister Alexander Novak said that he favoured OPEC and its non-OPEC allies to make a decision on whether to extend the crude oil produ
Indian Rupee Billed as "Overvalued" and Set for Declines after GDP Disappointment
British Pound vs Indian Rupee - Latest Exchange Rate News and Forecasts for Converting Pounds to Euros Today
Amid 'air apocalypse', mask-clad Lahore looks for answers
When black smoke from burning rice stubble in nearby India swept into Lahore - one of Pakistan's largest and wealthiest cities - earlier this month, outraged residents declared an ‘air apocalypse’ and the provincial government shut down schools.
4,500 jobs in UK at risk as Germany's E.ON breaks up struggling Npower
The revamp effectively removes one of the market's so-called 'Big Six' players, which have lost customers to nimbler recent entrants and been hit by a regulatory price cap
China's financial warning signs flashing nearly everywhere as policymakers scramble
From rural bank runs to surging consumer indebtedness and an unprecedented bond restructuring, mounting signs of financial stress in China are putting the
The daily business briefing: November 29, 2019
Black Friday kicks off the holiday shopping season, stocks struggle as Hong Kong tensions dent hopes of a U.S.-China trade deal, and more
Goldman Sachs is going through a huge transformation under CEO David Solomon. Here's everything you need to know.
Here's the latest news about Goldman Sachs.
Government of Ghana talks about Ghc 100 and Ghc 200 currency notes
The Governor of the Central Bank of Ghana, Dr. Ernest Addison has explained the rationale behind the government’s policy decision to introduc
Sensex tumbles 336 pointts ahead of GDP data
The 30-share Sensex pared some losses, ending 336.36 points or 0.82 per cent lower at 40,793.81.
OPEC oil output falls 110,000 bpd in November to 29.57M bpd – Reuters
Crude oil output by the Organization of the Petroleum Exporting Countries fell 110,000 barrels per day (bpd) in November to 29.57 million bpd, a Reute
Throwback: That Time Obama's Press Secretary Was Asked About Hunter Biden and Burisma
For weeks, Democrats and their friends in the media have done everything possible to cover for former Vice President Joe Biden and his son Hunter Biden's work with Ukrainian gas company Burisma. Despite multiple government officials who served under President Obama and Trump citing Burisma as a concern and notoriously corrupt, House Intelligence Committee Chairman Adam Schiff refused to allow Republicans to call Hunter Biden as a witness during impeachment inquiry hearings last week. Questions about Hunter Biden's dealings, which included an $83,000 per month paycheck, have been brushed aside by the media as a political attack on Joe Biden, who is running for the White House.
NTPC to list commercial paper on BSE for an issue size of Rs 1,500 cr
After the process, the effective date of listing of such papers at the exchange will be December 2, the BSE said in a statement
Overstock Shareholders Compete to Lead Class Against tZERO’s Parent
E-commerce giant Overstock faces a difficult period as several former and current shareholders fight for the status of lead plaintiff in a class action
Kingpins Presents Psychedelic Selection of Tie-Dye, Hemp Denims
Kingpins New York showed a selection of tie-dye denims and stretch blends.
Body-on frame Nissan SUV on the cards for South Africa
Prospects are favourable for a Navara-based SUV to become available
Brexit Britain’s big talk on space fails to fly
European aerospace firms get in work contracts as much as their governments fund the European Space Agency, but the UK lags behind.
Gold eases over doubts on US-China trade war, faces worst month in 3-years
Investors were uncertain about the fate of a 'phase-one' trade deal between the two economies
These were the 10 biggest European tech stories this week
These were the 10 biggest European tech stories this week
Las Vegas shoppers hitting stores early on Black Friday
The Retail Association of Nevada estimates roughly 1.65 million adults in the state will be shopping over the five-day Thanksgiving weekend and Cyber Monday.
KSE-100 index crosses 39,000 points to 9-month high
KSE-100 index crosses 39,000 points to 9-month high.
Switzerland Acts to Improve DLT/Blockchain Ecosystem with Improved Legal Certainty, Crypto Valley Association Welcomes the Move
The Swiss Federal Council has moved to improved the legal certainty regarding the framework for the utilization of blockchain or distributed ledger technology (
Zurich Airport Wins Multi-Billion Contract to Build Delhi's Third Airport - Official
New Delhi (Sputnik): This is the first major success for the Switzerland-based company Zurich Airport International, as it has received setbacks five times in this year. Adani enterprises won bids to operate five major international airports in all those cases.
China mixing military and science in Arctic push: Denmark
COPENHAGEN (Reuters) - China’s military is increasingly using scientific research in the Arctic as a way into the region, a Danish intelligence service said on Friday, as it warned of intensifying geopolitical rivalry in the Earth’s freezing North.
Russia gifts guns to Gabon to fight elephant poaching
Russia's defence ministry has donated weapons to Gabon to help the central African nation battle poachers and protect elephants.
Domestic multi-role T70 utility helicopter to begin test flights in 2020
The Turkish-built T-70 multi-role utility helicopter will begin test flights next year, Turkish Aerospace Industry (TUSAŞ/TAI) Deputy General Manager Kemal...
Solar-powered equipment for blacksmith inaugurated
SivagangaA solar-powered blower, hammer and an angle grinder for blacksmiths were inaugurated by R. Sundararajan, Assistant General Manager, Canara Bank, along with Mohan Bhaskar Hedge, Chief Executiv
4.5 per cent GDP growth rate unacceptable, worrisome: Manmohan Singh
Delivering his valedictory address at a national conclave on economy, former prime minister Manmohan Singh said mutual trust is the bedrock of societal transactions fostering economic growth, but "our social fabric of trust, confidence is now torn and ruptured".
Kerala Bank comes into being
Administrator rule of district cooperative banks ends
East Africa struggles with heavy rains as thousands displaced
Flood-hit Djibouti, Kenya struggle to cope after major downpours affect hundreds of thousands across the Horn of Africa.
India Offers Over $400 Million Credit Line to Sri Lanka During President Rajapaksa's Visit
New Delhi (Sputnik): India has responded positively to a request by one of its largest trading partners in South Asia, Sri Lanka, for economic assistance and counter-terrorism efforts, as well as intelligence cooperation during delegation-level talks held in New Delhi.
Liverpool planning Anfield expansion
Liverpool are planning to expand the Anfield Road stand by 7 000 seats, which would raise the grounds' capacity to 61 000.
Jewellery industry welcomes mandatory hallmarking from Jan 2021
Gold hallmarking is a purity certification of the precious metal and is voluntary in nature at present
FETÖ under more scrutiny with new arrests
Turkish authorities issued arrest warrants for 23 suspects in an investigation into the Gülenist Terror Group's (FETÖ) civilian network, while seven former...
Social Innovation Ireland Fund boosts its board
Ailbhe Keane, founder and creative director of Izzy Wheels, has also joined the the fund board.
Investors Eyeing Tech and (Astro)Turf Too
Private equity and tech titans are shelling out big bucks to grab ownership stakes in sports franchises to make even bigger bucks on the global playing field.
Payback Time: The myth that keeps Canadians on a financial treadmill
In a new weekly retirement column, personal finance columnist Dale Jackson will cut through the noise and deal with the issues that forge a stable retirement.
UN refugee agency rejects ‘starving migrants’ claim
KABUL: The Taliban said on Friday they were ready to restart peace talks with the United States, a day after President Donald Trump made a surprise visit to US troops in Afghanistan and said he believed the radical group would agree to a cease-fire. Trump’s Thanksgiving Day visit was his first to Afghanistan since becoming president and came a week after a prisoner swap
India’s GDP growth slips to 4.5%, slowest in more than six years
The GDP growth rate has now slowed for the sixth consecutive quarter with the previous low recorded at 4.3 per cent in March 2013.
Goldman Sachs is going through a huge transformation under CEO David Solomon. Here's everything you need to know., Business Insider - Business Insider Singapore
Business Insider - Here's the latest news about Goldman Sachs.. Read more at businessinsider.sg
Good, bad and ugly of industrial relations code
Rituparna Chakraborty, Co-Founder & Senior Vice-President of TeamLease, cautions that this change in notification mechanism does not necessarily mean lesser administrative hassle or follow through for employers
Textile parks grow at snail's pace; only 22 out of 59 projects completed so far
Scheme for Integrated Textile Parks (SITP) provides support for creating good textile infrastructure, with the government granting up to 40 per cent of the project cost
Japan's defence, foreign ministers to visit India tomorrow for 2+2 dialogue
The two ministers will be leading a Japanese delegation to the inaugural meeting of the 2+2 dialogue
Prof Danquah calls for a Presidential Initiative transformation of Agriculture
news, story, article
BCC struggles to rehabilitate recreational facilities due to funds shortage
Shortage of funds is reportedly crippling the Bulawayo City Council from rehabilitating recreational facilities needed for various activities that may keep the ...
AUD/USD slumps to fresh multi-week highs near 0.6760 on broad USD strength
After rebounding to 0.6780 area during the European trading hours, the AUD/USD pair lost its traction in the last hour pressured by the broad-based US
Australia a 'treasure island' for medical device giants: ex-hospital boss
The former boss of Australia's second largest private hospital operator has backed health insurers' claims they are being gouged by medical device manufacturers.
Demos and deals as Black Friday sweeps Europe
PARIS, Nov 29 — Climate activists staged protests across Europe today to denounce the environmental toll of mass consumption, while shoppers hit the streets and the internet as retailers of all stripes touted pre-holiday bargains. The American “Black Friday” tradition of a post-Thanksgiving...
Sebi advances margins determination period for commodity derivatives
Effective April 1, 2020, cut off time shall be kept at 5 pm for the purpose of determining minimum threshold of margins to be collected by members from their clients
Odisha's investments in PSUs yield poor returns, says CAG report
Out of 147 entities where the government poured funds, only 12 had paid dividend- two rural banks, nine government companies and one statutory corporation
SECA Evening Event: Venture capital for family offices, insurance firms and pension funds
This event is aimed at managers and decision-makers from the investment sector of Swiss family offices, insurance firms and pension funds.
Buhari Administration Committed to Growth of MSMEs — Adebayo
Minister for Industry, Trade and Investment, Otunba Niyi Adebayo, has declared that “Nigeria is open for business!” Vanguard News
Steinmetz fails to overturn $1.25bn arbitration award
London High Court tells mining group BSGR ‘no apparent bias or procedural irregularity’
TCIF raises awareness for trauma victims - The Nation Newspaper
Stakeholders in Nigeria's health, accident and emergency response industries have demanded increased government and private sector...
Buhari proposes pool fund for africa trans-regional gas infrastructure
PRESIDENT Muhammadu Buhari yesterday said there was a need for African nations to pool resources to put up trans-border and trans-regional....
Costly holiday tree scandalises Russian coal town
An expensive holiday tree installed in the centre of an industrial Siberian city has been ridiculed online and on national media as a symbol of corruption, though authorities defended the high-tech purchase.
No question of closing down Integral Coach Factory, says Piyush Goyal
Minister hails the organisation for the Vande Bharat Express, India's first indigenously made semi-high-speed train
GDP growth tanks to 4.5% in Q2; core industries' output shrinks 5.8% in Oct
Fiscal deficit in the first seven months of FY20 already at 102% of government's target for full financial year
Time Is Running Out for Trump's North Korean Diplomacy, Analysts Say
SEOUL, South Korea -- The clock is ticking.Kim Jong Un, North Korea's leader, has said that the United States has until the end of the year to make a new proposal to create a breakthrough in stalled negotiations on denuclearizing the Korean Peninsula.The looming deadline -- which North Korea has
Canada’s economy slowed in third quarter
OTTAWA, Nov 29 — Canada’s economy put on the brakes in the third quarter sending growth falling to 1.3 per cent, or almost one-third of the previous three months’ GDP, the government statistical agency said today. Statistics Canada blamed a drop in exports for the slowdown, noting that it was...
U.K. police clear London Bridge after reports of gunshots
British police say they're dealing with an incident on London Bridge, and witnesses have reported hearing gunshots.
Met Office issue cold weather alert warning for this weekend as temperatures plunge
The Met Office say there's an 80 per cent chance of cold weather affecting much of England until Monday
NatWest online glitch resolved
One man tells of difficulty paying for a prescription, while Black Friday shoppers are also hit.
Opec November oil output slips before Aramco IPO, policy meeting
LONDON, Nov 29 — Opec oil output has fallen in November as Angolan production has slipped due to maintenance and Saudi Arabia has kept a lid on supply to support the market before the initial public offering (IPO) of state-owned Saudi Aramco, a Reuters survey found. On average, the 14-member...
UK police clear London Bridge after reports of gunshots
LONDON — British police said Friday they were dealing with an incident on London Bridge, and witnesses have reported hearing gunshots.
US Dollar Index clinches 6-week highs beyond 98.50
DXY moves beyond the 98.50 level. The index records fresh multi-week highs. US 10-year yields climb to highs near 1.78%. The greenback, in terms of t
US redwood sequoia company wins approval
A US company wanting to grow giant redwood trees here to sell the lumber back home has won the right to buy another 4000ha in New Zealand. Tough restrictions on cutting down Redwood, or Sequoia, in the US means people cannot get enough of it to use as a building material. The wood is especially popular for things like decking and outdoor furniture, as it is admired as both attractive and robust. To meet the need, the Soper Wheeler Company of California set up the New Zealand Redwood Company in Taupō in 2001. New Zealand's moist climate allows higher growth rates for Sequoia than in California.
Prof Danquah calls for a Presidential Initiative to transform Agriculture
news, story, article
New World Fund sells over 10 mn shares in Adani Ports worth Rs 401 cr
As per September 2019 shareholding data, New World Fund Inc was a public shareholder of Adani Ports and held 2.07 per cent stake
Nigeria’s First Digital Economy Diagnostic Reveals a Vibrant Entrepreneurial Ecosystem
The World Bank Group today launched its first Nigeria Digital Economy Diagnostic Report during an eSummit hosted by the government. The report reveals that although Nigeria is the largest mobile market in Sub Saharan Africa with a strong mobile broadband infrastructure and a vibrant digital entrepreneurial ecosystem, the lack of infrastructure and connectivity in the […]
Gauteng police nab over 600 suspects in operations | Saturday Star
Gauteng police arrested 600 suspects wanted for various crimes including murder, hijacking, rape, assault and robberies, ...
Infighting in Telangana’s Singareni Collieries union out in the open
TGBKS regional committee attacked at a recent programme
Hong Kong police end dramatic 12-day siege of university
Hong Kong police pulled out of a university campus Friday after a 12-day blockade during which they sought to arrest pro-democracy activists holed up inside. The standoff at Hong Kong Polytechnic
Patanjali secures Rs 3,200 cr loan from SBI, other banks to buy Ruchi Soya
Patanjali said it has got loans of Rs 1,200 crore from SBI, Rs 700 crore from PNB, Rs 600 crore from UBI, Rs 400 crore from Syndicate Bank and Rs 300 crore from Allahabad Bank
Buying a BS4 car
Should I buy a BS4 car or do I wait for a BS6 model and will there be any restrictions on the former after four or five years?
10 things you need to know today: November 29, 2019
Trump announces new Taliban peace talks in surprise Afghanistan visit, Hong Kong police end siege after protesters leave campus, and more
Russia and China deepen ties with River Amur bridge
Russia and China have finished building the first road bridge linking their two countries, Russian officials said on Friday, in the latest sign of warming relations. The bridge across the River Amur will connect the cities of Blagoveshchensk in Russia's Far East and Heihe in northeastern China and
SAT asks Sebi to look into Karvy's plea on power of attorney issue
Sebi on November 22 had barred Karvy from taking new clients in respect of its stock broking activities.
N Korea's Thanksgiving Day test shows improving speed for missile crews
North Korean leader Kim Jong Un expressed “great satisfaction” over the latest test of a large multiple-rocket launcher, state media said on Friday, a launch that experts said showcased improving performance by the system and its crews.
Owner of car used in kidnapping turns himself in to Pasay City police
The owner of the car whose license plate was reportedly stolen and implicated in the suspicious disappearances of some of the nine missing teenagers in Pasay City showed up to the police on Thursday.
Sugar output in 2019-20 may fall by 18% to 2.73 mn tonnes: Govt in RS
Sugar marketing year runs from October to September
South African Airways dropped by leading travel insurers
JOHANNESBURG, Nov 29 — Three travel insurance companies in South Africa have stopped covering tickets issued by South African Airways against insolvency, further clouding the outlook for the struggling state-run airline. The decision by Santam’s Travel Insurance Consultants (TIC) to drop South...
The U.S. Navy Has a Crazy Plan To Build Monster (But Useless) Battleships
Their construction was a mistake worth avoiding.
Economic Slowdown: 4.5% Growth “Clearly Unacceptable", "Worrisome", Says Ex-PM Manmohan Singh
Indian economy needs to grow at 8-9% per year to fulfil people’s aspirations. Root cause for slowdown is Modi government's distrust of businessmen, says Singh.
The Looming Calendar Anomaly In Junk Bonds
A seasonal supply/demand imbalance in high-yield bond markets has traditionally led to strong performance in December and January. This has led to a historically bankable strategy to capture alpha fro
Japan, South Korea to hold high-level trade talks
Nov. 29 (UPI) -- In the shadow of the United States trade war with China, South Korea's trade ministry said Friday it will hold high-level trade negotiations with Japan to end its long-running standoff.
Wall Street starts holiday-shortened day in red
Wall Street's main indexes started the day in the negative territory on Friday as investors returned from the Thanksgiving Day holiday break. As of wr
Hallmarking of gold jewellery mandatory across nation from January 2020
Jewellers to be given a year's time to clear stocks that aren't hallmarked and get themselves registered
Mercedes-Benz owner to slash 10,000 jobs in latest car industry cuts
Daimler said on Friday it will cut at least 10,000 jobs worldwide over the next three years, following others in the industry as they cut costs to invest in electric vehicles while grappling with
Lawrence Kenwright tells of regret over Signature Living investor complaints
Hotel boss apologises for delays and poor communications
BMW, Great Wall to establish new EV plant in China
Mubasher: BMW and its partner Great Wall Motors will establish a new joint venture (JV) in China that will produce electric vehicle models.
Ford SA fined R35m for selling problematic Kugas, offers R50 000 in damages to complainants
Ford Motor Company South Africa has been fined R35m by the National Consumer Commission of South Africa after it found the company had "engaged in prohibited conduct" by distributing the Ford Kuga 1.6 EcoBoost, some of which caught fire.
Forex kitty continues to move up, closes in $449 billion mark
In the previous week, the reserves had increased by USD 441 million to reach USD 448.249 billion
Americans Aren't Coming Close to Maxing Out Their Retirement Plans, Data Shows
And that means they're in danger of coming up short during their golden years.
Inside Career of Uhuru's New Millionaire Nominee
President Uhuru Kenyatta's nominee is also a holder of a PhD from the University of...
Next week’s key events in developed markets – ING
Analysts at ING offered a brief overview of the upcoming important market-moving economic releases/events, including a batch of sentiment indicators i
Economy hit by climate of fear, says Manmohan Singh
Former Prime Minister warns of disastrous effects of a sharp slowdown in growth .
How Adani Enterprises, GMR Group lost the bid for Jewar airport to Zurich Airport
Zurich Airport, which is currently involved in eight airports in South America, is keen to expand in South and South-east Asian countries like India, Indonesia and the Philippines
Man wins Supreme Court appeal for more detail in mortgage debt judgment demand
Joseph O’Malley, from Westport, said he was confused and uncertain over his liability
So It Looks Like New Yorkers Blamed Cuomo, Not AOC, for Amazon Loss
Gov. Andrew Cuomo failed to secure a new Amazon headquarters in New York last year. It was a massive hit, as the company had pledged to bring 25,000 jobs to the state, in exchange for $3 billion in state and local tax breaks. Some of the blame was lobbed against progressive freshman U.S. Rep. Alexandria Ocasio-Cortez, who had been urging her supporters to fight against the company's move. She celebrated in the halls of Congress when she heard the news Amazon had backed out of its plans for Queens.
Uttarakhand: Government To Set Up Char Dham Shrine Board To Manage Over 50 Temples In The State
In a state cabinet meeting on Wednesday (27 November), the Uttarakhand government has decided to set up a Charm Dham shrine board to manage over 50 temples located in the state, reports Asian News International.
China: 5 Crypto Exchanges Halt or Shut Services Amid Perceived Crackdown
At least five Chinese crypto exchanges have halted or chosen to terminate operations this month in response to a perceived hardening of Beijing’s anti-crypto stance.
After Trump’s statement, Taliban say 'way too early' to speak of resuming talks with US
The Taliban said Friday it was "way too early" to speak of resuming direct talks with Washington, a day after President Donald Trump suggested negotiations to end America's longest war were back on track during a surprise visit to Afghanistan. "It is way too early to talk about the resumption of talks for now. We will give our official reaction later," the Islamist group's official spokesman, Zabihullah Mujahid, told AFP in a WhatsApp message.
Black Friday: Holiday Shopping Gets a Trump Economy Boost | Breitbart
Despite a holiday season shortened by a late Thanksgiving, retail spending is expected to rise by around 4 percent this year.| Economy
Fears about worker shootings prompt new business tactics
OKLAHOMA CITY (AP) — Security is not subtle at the sprawling campus of human resources technology giant Paycom in Oklahoma City.Off-duty police officers roam the grounds, bolstering the company’s own force of armed guards. A basement command center that looks like something out of a spy movie is filled with video screens showing feeds from hundreds of security cameras at company offices across the country.While heavy security has become common at airports and stadiums to deter terrorism, extreme measures have been out of the ordinary at most companies eager to maintain a comfortable work environment and a welcoming atmosphere.
Lori Loughlin, Mossimo Giannulli had 'low key' 22nd anniversary celebration amid college admissions scandal
“It’s all business, all the time with them as they move through this,” a source said.
Canada Q3 GDP growth slower, but details better – RBC
Nathan Janzen – Senior Economist at Royal Bank of Canada (RBC) – offered his take on Friday's release of the Canadian GDP report, which showed a shar
Indian Army Set to Deploy 200 Armoured Fighting Vehicles With Guided Missiles Along Pakistani Border
New Delhi (Sputnik): India and Pakistan have been engaged in a serious border escalation since a cross border aerial strike by the Indian Air Force in February. The two arch-rivals have deployed their troops and military equipment at forward bases to retaliate in case of a misadventure by either side.
NZ First ‘Agrees to Disagree’ Over Tobacco Excise Increase
New Zealand First ‘Agrees to Disagree’ Over Tobacco Excise Increase
Finland, Belgium, Denmark, Netherlands, Norway, Sweden Join INSTEX Mechanism for Trade With Iran - Finnish Foreign Ministry
Iran considers the European Instrument in Support of Trade Exchanges (INSTEX), a tool set up to help trade with Tehran under the US sanctions, to be weak, Iranian Deputy Foreign Minister Seyed Abbas Araghchi stated earlier in November, adding that the system has not been fully implemented so far.
Will ensure water for every acre in A.P.: Anil Kumar
‘Government committed to completing pending irrigation projects’
German auto industry group appoints former Merkel aide
BERLIN (AP) - An influential group representing the German auto industry has chosen Hildegard Mueller, who was once a senior aide to Chancellor Angela Merkel, as its new leader.
Zurich airport outbids Adani, DIAL to build Delhi-NCR’s second airport in Jewar town
Zurich International had developed the Kempegowda International airport in Bengaluru in partnership with other companies.
Black Friday sees fewer shoppers in stores as spending moves online
Shoppers also worried that tariffs imposed by President Donald Trump on Chinese imports would make their holiday shopping more expensive
Karnataka corruption survey: 63% citizens admit bribing state officials to get work done
India Corruption Survey 2019 indicates 40 per cent of respondents in Karnataka gave bribes to get work linked to property registration and land issues done in the state while 23 per cent admitted paying a bribe to the police.
Karvy case: SAT asks Sebi to review limited use of power of attorney issue
Sebi's directive had come after the National Stock Exchange forwarded a preliminary report to it on the non-compliances observed with respect to pledging/misuse of client securities by Karvy
UK hails 63 per cent hike in Indian student visas
The ONS data overall indicates that over the last decade, around 270,000 Indian students have chosen the UK as a higher education destination. In contrast, an estimated 229,000 more non-EU citizens moved to the UK than left in the year ending June 2019.
German auto industry group appoints former Merkel aide
BERLIN (AP) - An influential group representing the German auto industry has chosen Hildegard Mueller, who was once a senior aide to Chancellor Angela Merkel, as its new leader.
Disturbed by Turkey's achievements in Mediterranean, Greece summons Turkish envoy
Greece summoned Turkey's ambassador to Athens on Thursday, following the country's agreement with Libya over the Mediterranean Sea to protect its rights in...
Donald Trump's Very Real Health Care Victory: Price Competition is Coming
In short, the policy promises to increase the power of individuals and families by giving them greater control over their health care dollars and decisions.
Buhari: Construction of Ajaokuta-Kaduna-Kano gas pipeline to start soon
President Muhammadu Buhari says the federal government would soon commence the construction of the Ajaokuta-Kaduna-Kano (AAK) gas pipeline.
Low subscriber numbers and debt kill Cell C Black
Disappointing subscriber numbers and a poorly executed strategy led to the closure of Cell C’s streaming service, Black.
Focus will be on Canadian GDP – TDS
Analysts at TD Securities (TDS) offered a brief preview of Friday's only important release of the Canadian GDP growth figures, scheduled later during
Zuma loses bid to appeal high court's ruling in graft trial but can still petition SCA | IOL News
Jacob Zuma has lost an application for leave to appeal the high court judgment, but he still has an option to petition the ...
German car industry reels as Daimler cuts 10,000 jobs
Some 50,000 cuts have been announced across the sector as automakers restructure
Daily Mail owner to buy i newspaper and website for £50m
Mail group sees opportunities for cost synergies
FM's remarks on economy disappointing, crisis entirely home grown: Sinha
Sinha said that even now, the government is largely in denial
Fired Zimbabwe state doctors reject offer to return to work
HARARE (Reuters) - Zimbabwe state doctors who were fired for going on strike have rejected a government offer to return to work, their union said on Friday.
ACB Stock Price: Aurora Cannabis Inc. sets higher lows, shrugging off financial fears
Aurora Cannabis Incorporated, which is headquartered in Edmonton and trades at the Toronto Stock Exchange (TSE) has risen on Thursday at and closed at
Black Friday frenzy goes global—and not everyone's happy
People don't celebrate Thanksgiving in France, or Russia, or South Africa - but they do shop on Black Friday.
Army revolts against General Sibanda
Junior Commanders of the Zimbabwe National Army have reportedly openly defied the Commander of the Zimbabwe Defense Forces Philip Valerio Sibanda and called for...
Is India Inc getting aggressive on cutting costs via VRS?
Voluntary retirement scheme (VRS) is a popular method to reduce surplus staff. Many large public and private sector companies have implemented VRS in recent years
EUR/GBP retreats from daily highs near 0.8540
The selling pressure around the single currency has forced EUR/GBP to recede from earlier tops in the 0.8540/45 band. EUR/GBP remains focused on the U
China’s true economic growth could be half of what everyone thinks
China’s GDP data release always generates great market excitement despite rarely straying more than 25 basis points below or above the government target. This stability has led a number of analysts to propose their own measures, typically based on a variety of Chinese proxy data but, in the end, not that different from the official numbers. In this article I argue that, based on the performance of countries comparable to China, the latter’s GDP growth could be as low as half the official number and that markets are likely overestimating China’s importance for the global economy. That being said, China has one of the highest levels of corporate debt in the world and slower growth implies greater risks of financial instability.
Hong Kong customs seizes $50 mln smuggled frozen meat to mainland China
BEIJING/HONG KONG, Nov 29 (Reuters) - Hong Kong customs seized about 540 tonnes of suspected smuggled frozen meat with an estimated market value of about $50 million, the authority said in a statement on Friday, case of its kind in the past decade. The meat was found aboard four suspicious fishing vessels
Cotton - The Fluffy Fiber Continues To Work Its Way Higher
A recovery to 96.50 cents ran out of steam in June 2018.Cotton falls to just over the 2016 bottom.A bullish pattern since late August.Levels to watch in the cotton market.BAL is the cotton ETN product
Telkom Says Cell C Has Rejected Takeover Offer
JOHANNESBURG – Telkom SA said on Friday the board of its larger but troubled rival Cell C had rejected its takeover bid. “The Telkom Board continues to believe the offer is a compelling proposition that would have created significant value for all stakeholders including Telkom’s shareholders,” the statement said. Cell C is majority-owned by Blue […]
GAM’s head of investments to quit Swiss asset manager
Matthew Beesley was once regarded as contender for top job
Digital Payments: Modi’s Idea of A Cashless India Is Going Steady and Strong
As compared to FY 2014-15, the digital transaction volume for FY 2018-19 has grown five-fold.
It’s a rush for FASTags as banks, customers gear up for Dec 15 deadline
Banks come out with offers such as doorstep delivery and free movie tickets
India's apparel exports to EU face a duty disadvantage: Smriti Irani
India's exports of textile and apparel sector (including handicrafts) have increased from USD 39.3 billion (around Rs ) in 2017-18 to USD 40.4 billion in 2018-19," Irani said in a written reply to the Lok Sabha.
Amazon hit by Black Friday strikes and protests across Europe
UK protestors are demanding an end to 'appalling' working conditions while German staff are striking for better pay.
Huawei prepares lawsuit to fight against FCC restrictions
The company has also drastically increased its spending on Washington lobbyists and has engaged in a public-relations makeover.
Russian Jokes Tell the Brutal Truth
In a repressive society, dark political jokes allow regular people to describe what they see with their own eyes.
Court dismisses Jacob Zuma appeal
Zuma is facing fraud and corruption charges from when he was Thabo Mbeki's deputy.
Taliban say 'way too early' to speak of resuming talks with US
President Donald Trump statement indicated progress, though spokesman Zabihullah Mujahid's statement suggested roadblocks remain. "It is way too early to talk about the resumption of talks for now," the insurgent spokesman told AFP in a WhatsApp message, adding that the Islamist group would give an official reaction later.
PCSO welcomes PACC probe of corrupt employees
PHILIPPINE Charity Sweepstakes Office (PCSO) General Manager Royina Marzan-Garma welcomed the result of the probe conducted by the Presidential Anti-Corruption Commission (PACC) into the alleged corruption involving some of the agency’s officials.
Black Friday deal: Save £80 on iPhone XR with Argos
Argos has knocked a further £80 off the iPhone XR, a great-value handset that already received a price cut this autumn. Grab this excellent deal now!
Mercedes-Benz parent Daimler plans thousands of job cuts worldwide
The job cuts will be carried out by the end of 2022 as part of efforts to reduce spending by 1.4 billion euros (US$1.5 billion), the maker of Mercedes-Benz cars said Friday in a statement.
Taiwan raises economic growth forecasts for 2019 and 2020
GDP benefits from Taiwanese businesses returning amid trade wars: DGBAS.Taiwan’s economy will grow by a higher-than-expected 2.64 percent this year and even by 2.72 percent in 2020, the government predicted Friday (November 29).
The Aramco IPO And The OPEC Meeting Could Support The Price Of Crude Oil
The Saudis want to sell a piece of Aramco.Watch the OPEC meeting for clues.Iran provides support for the energy commodity.U.S. energy policy could shift.UCO and SCO are tools for those who do not trad
Buckingham Palace is hiring a 'Director of Royal Travel' to make sure the royals take cost-effective, environmentally-friendly trips, Business Insider - Business Insider Singapore
Business Insider - The position within the royal household comes with a generous salary of up to $110,000, according to the job advertisement.. Read more at businessinsider.sg
Sensex plunges 336 points ahead of GDP data release for September quarter
The top gainers on the Sensex were Bharti Airtel, HDFC Bank, and NTPC.
Swiss Firm Zurich Airport Outbids DIAL, Adani To Develop Jewar Airport
The first phase of the airport would be spread over 1,334 hectare and cost Rs 4,588 crore.
Crude Oil Price and Forecast: WTI traders take clues from US-China tensions, OPEC+ eyed
WTI has been dropping to the intra-day low of $58.07 by the press time of early Friday in Asia. The energy benchmark seems to have negatively affected
No change in prices of RON97, RON95 and diesel
KUALA LUMPUR (Nov 29): The Ministry of Finance (MOF) today announced that the retail price of RON97 petrol will remain at RM2.66 per liter, while RON95 and diesel will remain at RM2.08 and RM2.18 per liter respectively, for the period of Nov 30 to Dec 6.In a statement issued today, MOF announced that petroleum retail prices were set weekly using the Automatic Pricing Mechanism (APM) formula, where the retail price of RON95 and diesel for the same period is
W Resources begins tungsten and tin production at La Parrilla mine
Mining firm W Resources has commenced tungsten and tin concentrate production for sale at its La Parrilla mine located in Spain.
Today's the last day to pick up free youth bus passes before Victoria program starts
Today is the final day to pick up a free youth bus pass from the City of Victoria before the program kicks in Sunday, although they can still be obtained afterward. Victoria youth 18 and younger . . .
Govt to make hallmarking mandatory for gold jewellery
The government will make hallmarking for gold jewellery and artifacts mandatory from January 15, 2021, to ensure quality, Union Consumer Affairs Minister Ram Vilas Paswan said on Friday. The departmen
GDP growth at 4.5%: No, Indian economy is still not in recession, but these countries are
Q2 GDP: Some of the key economies in the world are in the verge of recession raising fears about the global economic health
Sri Lanka wants to undo 99-year port lease to China
Sri Lanka’s new government led by President Gotabaya Rajapaksa wants to undo the previous regime’s move to lease the southern port of Hambantota to a Chinese venture, citing national interest. Former
Wall Street Breakfast: Black Friday In Full Swing
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. The biggest shopping weekend of the year is here and 165.3M A
Bitcoin Price Analysis: BTC’s Consolidation To End-Up In a Huge Weekend Move?
It took just a few hours after we posted our previous Bitcoin price analysis, and Bitcoin broke out nicely the $7400 resistance, which is the neckline of
Life remains affected due to continued lockdown in IOK on 117th day
Life remains affected due to continued lockdown in IOK ON 117th day
This ABT Audi RS4-R is the police car of your dreams
VW Group tuning specialist gives performance estate a power boost and Polizei livery
Hallmarking For Gold To Be Mandatory From 2021, Industry Welcomes Move
One year period will be provided for implementation of hallmarking decision to enable jewellers clear their existing stock.
Pamela Anderson Writes to PM Modi, Know Here What She Wants to Convey
Anderson also highlighted that raising animals for dairy, meat, and eggs contribute to one-fifth of all human-induced greenhouse gas emissions.
Boris Johnson promises to give state aid to UK companies to stop them collapsing after Brexit
The prime minister announced that he would remove EU rules preventing the government from awarding contracts to UK-based businesses.
KPMG’s New Blockchain Network Grants Producers a New Degree of Legitimacy
Consulting and auditing giant KPMG has announced the launch of KPMG Origins: a multi-purpose supply chain network for a wide variety of industries, ranging from food production to financial services for the Asia-Pacific region. Producers today are being held accountable for the sustainability practices they inculcate during the production lifecycle, yet they have no means for proving it. As per Ledger Insight, KPMG Origins seeks to bridge that gap between capability and necessity, November 28, 2019.
Egypt has capacity to store 4 mln tonnes of wheat - ministry
CAIRO, Nov 29 (Reuters) - Egypt, the world's largest wheat importer, has the capacity to store 4 million tonnes of wheat this season, the supply ministry said on Friday, adding it had built new wheat silos for the additional storage.In July, Egypt signed a deal with the OPEC Fund for International Development (OFID) to build two wheat silos in Port Said. At the time, Supply Minister Ali Moselhy said they would raise Egypt's storage capacity for imported wheat by around 15%. (Reporting by Momen Saeed Atallah; Writing by Yousef Saba; editing by David Evans)
Evacuation order lifted as huge Texas plant fire ‘contained’
Officials lifted evacuation orders Friday for around 50,000 people on the Texas Gulf Coast, determining a massive fire was finally under control at a chemical plant rocked by two major explosions two days earlier.
Qatar rejects false accusations by Eritrean Information Ministry
The State of Qatar has totally rejected false accusations contained in a statement by the Eritrean Ministry of Information, stressing that Qatar has nothing to do with any factions or groups in Eritrea, a matter which the Eritrean government knows very well.
China Mobile International launched first ever global shared service center in Cyberjaya
KUALA LUMPUR: China’s telecommunication giant China Mobile, through its overseas subsidiary China Mobile International (CMI), has officially launched the group’s first ever global shared service senter (SSC) in Cyberjaya marking a new chapter in CMI’s ambitious plan for expansion in to the region.
How North Korea Soured on Donald Trump
Kim Jong Un only wanted to engage with the president. Now he’s turning on him.
Duopharma Biotech's 3Q earnings jump 21% on higher product demand
KUALA LUMPUR (Nov 29): Duopharma Biotech Bhd has reported a 21% jump in net profit to RM14.86 million for its third quarter ended Sept 30, 2019, from RM12.29 million a year ago.The pharmaceutical company said in an exchange filing today revenue rose 13.5% to RM142.86 million, from RM125.84 million in the year-ago third quarter.Duopharma Biotech's group managing director Leonard Ariff Abdul Shatar said the improved results reflected increased demand for the group's pharmaceutical products from the private and public
Border Closure: Nigeria short of N338 billion worth of rice
Nigeria has recorded N338.6 billion shortage of rice at the Malaysian price of $421 per tonne as a result of border closure.
Oil to be stuck in a rut in 2020 as slowing demand fuels glut: Reuters poll
(Reuters) - Oil prices will remain subdued in 2020 as growth concerns weigh on demand and fuel a glut of crude, a Reuters poll showed on Friday ahead of production-policy talks among OPEC and its allies next week.
Core sector output for October contracts further to 5.8 per cent
The index was dragged down by electricity which reported a de-growth of 12.4% vs -3.7% in Sept.
PNP officials want death penalty for drug traffickers
TOP officials of the Philippine National Police, Philippine Drug Enforcement Agency and the Dangerous Drugs Board have aired anew their strong support for the re-imposition of death penalty for big-time drug traffickers and manufacturers in the aftermath of the arrest of a Chinese national who yielded some 370 kilograms of high-grade shabu in Makati City on Tuesday evening.
Russia Reportedly Considers Ban on Using Crypto as Means of Payment
Russia is allegedly preparing a ban on the use of cryptocurrencies to pay for goods and services.
EXCLUSIVE: Govt explains why it introduced Ghc100, Ghc200 Cedi notes
The Governor of the Central Bank of Ghana, Dr Ernest Addison has explained the rationale behind government’s policy decision to introduce new Bank notes of Ghv100, Ghc200 and 2Ghc coin. Addressing a presser covered by MyNewsGH.com, the Governor said “twelve years after the redenomination exercise, sustained periods of high inflation and the perennial depreciation of the currency have eroded, in real terms, the face value of the series of the notes” forced government to take the decision. He explained that a lot of thinking and consultations took place. A lot “thinking went into the decision to introduce the higher denomination banknotes. The structure of the banknote should align well with the needs of the people who use it for their daily transactions. We need banknotes and coins that are convenient for most people to use, high quality, secure and cost effective.” He added. A promotional release by BoG read in part:
South Africa court rejects Zuma appeal to prevent corruption trial
A South African court on Friday rejected an appeal by former President Jacob Zuma that sought to prevent his prosecution on corruption charges...
Halting of UK orders likely the end for GM developed Opel Mokka X
The Mokka X is expected to feature the same drivetrain options, meaning the inclusion of both petrol and diesel engines together with the aforementioned electric motor
Government initiates dialogue with ASEAN members for review of FTA: Piyush Goyal
"We have already initiated dialogue with ASEAN countries and I am happy to share with the House that ASEAN has agreed for a review of the FTA. We will take up various issues in the review and then we will report to the House," he told the House. He also said the Coffee Board is trying to develop an Indian brand of coffee .
Centum Group half-year profit quadruples
The income was realised mainly as a result of net gains on disposal of three companies.
S. Korean firm sues BAT over alleged trademark infringement
Vitabon, a South Korean venture firm, said Friday it has launched a trademark infringement suit against tobacco giant British American Tobacco.Vitabon claims that its nicotine-free aromatherapy device, named Sense, and BAT's hybrid e-cigarette product, glo sens, confuse consumers due to their similar names. Vitabon said it has filed the lawsuit with the Seoul Central District Court, demanding 110 million won ($...
India’s Fiscal Deficit In October At 102.4% Of 2019-20 Target
The gap between the government’s revenue and expenditure rose to Rs 7.20 lakh crore as of October.
Boris Johnson promises to give state aid to UK companies to stop them collapsing after Brexit, Business Insider - Business Insider Singapore
Business Insider - The prime minister announced that he would remove EU rules preventing the government from awarding contracts to UK-based businesses.. Read more at businessinsider.sg
Govt initiates dialogue with ASEAN members for review of FTA: Goyal
He also said the Coffee Board is trying to develop an Indian brand of coffee for export and the work in this regard is underway
Yawning trans-Tasman salary gap for medical specialists
29 November 2019
India's April-October fiscal deficit at 102.4% of full-year target
Net tax receipts in the April-October period was Rs 6.83 trillion, while total expenditure was Rs 16.55 trillion, the data showed
Inspired by 3/11, Tokyo-based Looop advances to semifinals of Startup World Cup 2020
A startup that's friendly to both the environment and your wallet is two steps away from a $1 million prize. Renewable-energy company Looop Inc., which
Watch - house stuffed full of duty free after man pinched £15,000 worth to flog on eBay
The man's home was described as 'unlivable' after an astonishing amount of stolen items were found
Turkish financial sector buys 85.05% stake in JCR Eurasia
Turkey's leading banking and financial institutions inked a deal to buy 85.05% of credit rating agency JCR Eurasia, Turkey's banking association said on...
realme To Expand Beyond Phones; Plans To Make Wearables And True Wireless Headsets
Since its first batch, realme has churned out phone after phone is a very short period of time. But there's no sign of the company slowing down. New reports indicate that, if anything, it will
Sensex tumbles 336 points ahead of GDP data
NSE Nifty also settled 95.10 points down.
DHFL: RBI initiates corporate insolvency resolution process
The Reserve Bank of India (RBI) on Friday filed an application for initiation of corporate insolvency resolution process against the financially stressed Dewan Housing Finance Corporation Ltd (DHFL) u
Boris Johnson promises to give state aid to UK companies to stop them collapsing after Brexit
Boris Johnson has promised to scrap EU state aid rules after Brexit in order to stop UK businesses from collapsing.
IHH Healthcare posts RM236m in 3Q net profit on stronger contribution from its operations
KUALA LUMPUR (Nov 29): IHH Healthcare Bhd reported a net profit of RM236.34 million for the third quarter ended Sept 30, 2019 (3QFY19) compared to a net loss of RM104.07 million a year ago.The regional healthcare group said the quarterly profit was driven by sustained organic revenue growth at existing operations.The boost to earnings also came from Gleneagles Hong Kong Hospital and Acibadem Altunizade Hospital, both opened in March 2017. In addition, Amanjaya Specialist Centre and Fortis Healthcare (“Fortis”),
NZ training for Saudi Arabian air traffic control graduates
New Zealand training for Saudi Arabian air traffic control graduates
Intel Blames Qualcomm Bullying And Anticompetitive Practices For Modem Exit
Today, we're learning that Intel is placing direct blame on Qualcomm for its modem development problems which resulted in its unplanned sale. In
Indian hedge funds return 0.09% in October, way behind Asian peers
Indian funds did better than Asian ones in only four out of the ten months of 2019 so far
Sebi imposes Rs 2 lakh fine on Unitech for violating Listing Agreement
It was alleged that Unitech made incorrect disclosure about shareholding of some promoters in the quarter ended September 2008 and December 2008.
AUD/USD loses recovery momentum ahead of 0.6800, trades around 0.6780
The AUD/USD pair continued to push lower during the Asian trading hours on Friday and touched its worst level since mid-October at 0.6762 but staged a
$5.8B deficit over 6 months
The federal government ran a deficit of $5.8 billion over the first six months of its 2019-20 fiscal year compared with a surplus of $1.2 billion in the same period last year.
Court rejects Jacob Zuma appeal to prevent corruption trial
The ruling paves the way for Zuma's long-awaited trial to start in February 2020.
Germany's Daimler to cut 'thousands' of jobs over 3 years
Daimler says it plans to cut thousands of jobs worldwide by the end of 2022. The German automaker says it plans not to fill some vacant posts and to offer severance packages in Germany to reduce administrative jobs.
Christmas bonus for Carrick-on-Suir Credit Union members
Carrick-on-Suir Credit Union Ltd is reporting a strong 2019. The credit union has provided €5.8 million in loans to the local community over the past year. Membership has grown and it now h...
Italy: Annual GDP in Q3 grew 0.3% as expected
The Gross Domestic Product (GDP) in Italy expanded by 0.1% on a quarterly basis in the third quarter and came in at 0.3% on a yearly basis with both r
US shoppers stay away from stores, spend online as Black Friday begins
NEW YORK, Nov 29 — US consumers splurged more than US$2 billion online in the first hours of Thanksgiving shopping today, while crowds were largely thin at retailers on the eve of Black Friday, reflecting the broader trend away from shopping at brick-and-mortar stores. Early discounts offered...
Adani group shares rally up to 13% as CCI approves Total Group's 37.4% stake buy
Adani Gas share price rallied as much as 12.77 per cent to Rs 168.60 apiece on the BSE after the CCI approved the acquisition of 37.4 per cent shareholding and joint control by Total Group in Adani Gas
China's true economic growth could be half of what everyone thinks, Business Insider - Business Insider Singapore
Business Insider - GDP growth could be as low as half the official number and that markets are likely overestimating China’s importance for the global economy.. Read more at businessinsider.sg
QFFD grants $4.2m to Jordan Refugee Health Fund
Qatar Fund for Development (QFFD) has signed a $4.2m grant agreement with the Government of Jordan to contribute to the financing of Jordan Refugee Health Fund in order to alleviate financial pressures on the Jordanian Ministry of Health budget as a result of the large influx of refugees.
UPS workers snagged in decade-long drug smuggling scheme
A handful of United Parcel Service employees were among 11 men arrested in the past two weeks for their alleged roles in a decade-long drug smuggling scheme, multiple news outlets reported.
Hong Kong customs seizes $50 mln smuggled frozen meat to mainland China
BEIJING/HONG KONG, Nov 29 (Reuters) - Hong Kong customs seized about 540 tonnes of suspected smuggled frozen meat with an estimated market value of about $50 million, the authority said in a statement on Friday, case of its kind in the past decade.The meat was found aboard four suspicious fishing vessels that were leaving Hong Kong, the customs authority said in a statement. Local broadcaster RTHK said the vessels were allegedly bound for mainland China.
Hallmarking to be mandatory for gold jewellery from 2021: Paswan
The department of consumer affairs will issue a notification by January 15, 2020, for making gold hallmarking mandatory.
Most SE Asian stocks slip as Sino-US tensions over Hong Kong continue to weigh
(Nov 29): Most Southeast Asian markets dropped on Friday, hurt by worries that a US law backing protesters in Chinese-ruled Hong Kong could disrupt ongoing trade negotiations, as the two countries try to strike a deal to diffuse a 16-month long trade war.All eyes were trained on China, which on Thursday warned of retaliation after US President Donald Trump signed legislation that, among other things, threatened sanctions for human rights violations in Hong Kong."Market will continue to wait for
Thai court fines Philip Morris $39.7 million for tax evasion
BANGKOK (AP) - A court in Thailand on Friday found the local unit of tobacco giant Philip Morris guilty of evading taxes by under-declaring the value of cigarettes it imported from the Philippines. It ordered the company to pay a fine of 1.2 billion baht ($39.7 million).
Pakistan keen to further enhance its brotherly ties with Oman: President
ISLAMABAD, Pakistan: President Dr Arif Alvi has said that Pakistan attaches great importance to its fraternal relations with Oman, and is keen to further enhance these brotherly relations in all spheres. Talking to the Ambassador-designate of Pakistan to Oman K.K. Ahsan Wagan at the Aiwan-e-Sadr in Islamabad on Friday, Dr Arif Alvi however said that the current volume of bilateral trade between Pakistan and Oman does not commensurate to the true potential. The president said that Pakistan has the potential of exporting food items, construction materials, leather and surgical goods to Oman. In this regard, he said that the ambassador-designate should endeavor to promote our economic and commercial interests in Oman and utilize existing institutional mechanisms. President Arif Alvi highlighted that the presence of Pakistani community in Oman is a living bridge between the two Countries. He said that we take pride that the Pakistani community has been making valuable contribution to the development of Oman.
RBI begins bankruptcy proceedings against DHFL, sends stressed NBFC to NCLT
DHFL, once one of India's top shadow lenders, owes its creditors - which include mutual funds, banks, pension funds, insurance firms and retail investors - close to Rs 1 trillion
Coast-to-coast storm to dump more rain, snow amid weekend travel rush
Thanksgiving Day has come and gone -- but the holiday weather nightmare is not over just yet.
China updates drug reimbursement list, agrees price cuts
Chinese regulators have added 70 new medicines to the country’s National Reimbursement Drug List (NRDL), and has agreed an average of 61% in price cuts with pharma companies.
Trenchcoats and rockets: Kim supervises North Korea weapons test
North Korea's leader Kim Jong Un supervised Thursday's test of what it called a "super-large multiple launch rocket system", Pyongyang's state ...
Phillips 66: IMO 2020 Will Likely Lead To Surge In Refining Profits
Over the past five years, PSX has not only outperformed the broad energy sector, but has also beaten the S&P 500.Still, the company's P/E is less than half that of the broad S&P 500, while the dividen
Air Serbia to launch flights from Istanbul Airport in December
Air Serbia has decided to resume flights from Istanbul on Dec. 11 after nearly a two-year break since March 14, 2017. According to a statement released...
US, India have made exploratory requests for greater market access: Piyush Goyal
“Regular consultations with the concerned line ministries / departments and other stakeholders bodies is a part of the ongoing discussions,” he said in a written reply to a question on bilateral trade negotiations with the US in Rajya Sabha. The minister said that trade related issues are discussed as a part of any ongoing economic relationship.
Intel calls for aid manufacturing CPUs… and Samsung answers
Any excuse for a Lord of the Rings reference...
Govt on track to make India $5 trillion economy by 2024: P K Misra
Describing the country's economic fundamentals as strong, Mishra said the annual average GDP growth of 7.5 per cent during 2014-2019 was the highest since independence
Germany Denies Complete Ban on Hezbollah, Only the Bad Parts
US ambassador to Germany Richard Grenell demanded the German government ban Hezbollah completely.
Almost Half of EU States Give No-Go to New Rule Requiring Tech Giants to Reveal Real Incomes & Taxes
The proposed directive was worked out to shed light on how big businesses, like Apple, Google, or Facebook to name a few, get around tax legislation by formally shifting their income from greater-tax nations such as the UK and France to lower-tax jurisdictions like Malta, Ireland, or Luxembourg.
Ibrahim Abdul Majid appointed as new CEO of Boustead Plantations
KUALA LUMPUR (Nov 29): Boustead Plantations Bhd today announced the appointment of Ibrahim Abdul Majid as its new chief executive officer (CEO), effective Dec 1.Ibrahim, 60, will take over from Mohamad Azlan Jaafar, who is standing in as acting CEO and will resume his responsibilities as deputy CEO.In a statement today, the group said Ibrahim has an extensive career in the palm oil industry, bringing with him 40 years of experience.He started his career with Sime Darby in 1979
PolyU blockade lifted; police find 4,000 gas bombs in two days
Hong Kong police on Friday said they had seized nearly 4,000 petrol bombs, 1,400 pieces of explosives materials, 600 items containing corrosive liquids and 570 weapons during the two-day evidence-collection procedure at the Hong Kong Polytechnic University, which was reopened at about Friday noon after being occupied by rioters for 13 days.
Germany urges unified approach to 5G security in Europe
Both Angela Merkel and Emmanuel Macron suggest no specific vendor should be targeted.
How do economists predict GDP figures? These indicators help
GDP Q2: One of the reasons why economists are fairly sure about the outcome of the GDP estimates is that key components of the GDP have not been showing positive trends
The dark side of Black Friday: Counting the real cost of deals and bargains
It's great for consumers, but Planet Earth and High Street businesses could pay a heavy toll for our greed.
HSBC and Santander customers to get £8m in refunds over overdraft breaches
'We are very sorry that some customers in certain circumstances were not sent the required overdraft alerts'
Amazon workers strike on ‘Black Friday’
Hundreds of Amazon workers in Germany walked off the job as the US online retailer kicked off its "Black Friday" sales bonanza, escalating a long-simmering battle for better pay and working conditions.
Ford Focus ST And Ranger Raptor Become Police Pursuit Cars
Police forces nationwide in the U.K. are set to trial two high-performance Fords with a view to them joining the police fleet.
Juncker: The Blocking of Negotiations with Northern Macedonia and Albania Is Shameful
Jean-Claude Juncker, the head of the European Commission, wrote a daily editorial on Politico on his last business day, according to BGNES. In it, Juncker takes a backward glance at the weaknesses and successes of his five-year term as head of the European executive branch.
Tenants want better in Auckland metropolitan office market
Colliers International Research’s latest annual review of the Auckland metropolitan office market shows a busy year of activity with ongoing occupier demand for higher quality spaces leading to the construction of new buildings and refurbishment of existing premises.
Retailer Quiz to update ahead of festive sales period
Glasgow-based fast fashion chain Quiz will update on current trading ahead of the key festive period when it reports interim figures next week.
China seeks greater LNG cooperation with Qatar: Ambassador
China, the world’s largest LNG consumer, is seeking to expand its LNG cooperation with Qatar, the world’s largest LNG producer, which has just recently announced its plans to further increase its LNG production capacity by 64 percent to 126 million tonnes per annum (mtpa) from the current 77mtpa by 2027.
South Africa Court Rejects Zuma Appeal To Prevent Corruption Trial
A South African court on Friday rejected an appeal by former President Jacob Zuma that sought to prevent his prosecution on corruption charges over a 2 billion dollars arms deal.
Why Bailouts Are The Solution For Companies That Are Too Big To Fail
Ideal regulators may reduce the necessity of a bailout; but they may still be required in times of extreme duress.
Daily Mail owner buys rival the i for nearly £50m
Daily Mail and General Trust chairman Lord Rothermere said the publication was ‘highly respected’ and generating plenty of cash.
Report: Israel renews talks with Hamas for long-term deal
Lebanese newspaper reports Hamas and Israel have renewed talks, with UN envoy slated to meet Hamas officials in push to reach deal.
AGR dues: Bharti Airtel to seek board nod for raising funds on December 4
The fund raising proposal follows the Supreme Court judgement on adjusted gross revenue
Robben Island Museum board member resigns citing outside interference | Cape Argus
A member of the Robben Island Museum (RIM) board resigned from his position citing outside interference in the board’s affairs.
‘Kammuri’ least likely to be super typhoon
Pagasa said “Kammuri, ” which is still outside the Philippine area of responsibility (PAR) and as of now has no direct effect on the country, has gained more strength while moving northwestward slowly at 170 kilometers per hour (kph). It was last spotted 1,470 km east of Southern Luzon with maximum sustained winds of 140 kph near the center and gustiness of up to 170 kph.
Future of big name Burton store in the balance
It could be saved by another high street name
Flughafen Zürich AG wins bid for new airport near New Delhi
LUCKNOW, India — An Indian official says Flughafen Zürich AG has been selected to design, develop and operate a new airport near the Indian capital after outbidding Indian companies. A spokesman for the Uttar Pradesh state government, Mritunjay Kumar, says state authorities have acquired 5,100 acres (2,063 hectares) of land and obtained environmental clearance for …
Thai court fines Philip Morris $39.7 million for tax evasion
BANGKOK (AP) - A court in Thailand on Friday found the local unit of tobacco giant Philip Morris guilty of evading taxes by under-declaring the value of cigarettes it imported from the Philippines. It ordered the company to pay a fine of 1.2 billion baht ($39.7 million).
Eurozone inflation jumps more than expected in November – ING
The increase in both headline and core inflation was driven by strong growth in services prices. Still, don't assume this has implications for the Eur
'A pitiful state': Man fined €800 after dog and puppies found underweight and infested with fleas
All of the dogs made full recoveries.
Uddhav Thackeray orders stoppage of work for Aarey car shed
Former CM Devendra Fadnavis slams the decision.
Market Wrap, Nov 29: Sensex tanks 336 points, Nifty closes at 12,056
During the day, the index hit a low of 40,664.18 levels. Reliance Industries, ICICI Bank, Hindustan Unilever, and State Bank of India contributed the most to the index's fall
European Space Agency with a Record Budget
European Space Agency (ESA) members agreed Thursday a record 14.4 billion euros budget, promising to maintain Europe's place at the top table as the United States and China press ahead and industry disruptors such as Elon Musk's Space X present new challenges, AFP reported.
Georgian president postpones visit to Ukraine until 2020
The president of Georgia has decided to postpone her visit to Ukraine at the request of the Ukrainian side.
Reprieve For Customers As Co-op Bank Scraps Balance Enquiry Charges
The Co-operative Bank has announced that it is scrapping all balance inquiry charges to its customers.In a statement posted on it social media pages, Co-op Bank said the move was as a result of cu
Fired Zimbabwe state doctors reject offer to return to work
Zimbabwe state doctors who were fired for going on strike have rejected a government offer to return to work, their union said on Friday. President Emmerson Mnangagwa's government, which responded to the job boycott by firing 448 doctors and pursuing disciplinary action against more than 1,000 others
Eight core sector industries shrink 5.8% in October
Electricity generation declined by 12.4 per cent in October, 2019 over October, 2018. Its cumulative index increased by 1.5 per cent during April to October, 2019-20 over the corresponding period of previous year
Scottish Natural Heritage apologises for killing hundreds of trees
More than 300 beech trees were deliberately poisoned by the organisation on an island in Loch Lomond.
Slowdown impact? Core sector output shrinks 5.8% in October
As many as six of eight core industries saw a contraction in output in October
Renault-Nissan-Mitsubishi to name alliance General Secretary in days
Mubasher: Renault-Nissan-Mitsubishi on Friday said that it will name a general secretary in the upcoming days as a first step towards boosting the operational efficiency.
Don't tell govts to buy 'inefficient' smog towers: Environmentalists to SC
Earlier this week, the apex court asked the Centre to take concrete decision within 10 days on having smog towers in Delhi-National Capital Region to combat pollution
Low-pressure area watch in South as fog and cold descend on North
Heavy rain forecast for South including Tamil Nadu, Puducherry
Evolution Mining's Red Lake Mine Acquisition - A Bet On Exploration Success
Newmont Goldcorp will sell the Red Lake mine to Evolution Mining for $375 million, plus contingency payments of up to $100 million.Evolution will invest $100 million to improve the mine operations and
Bitcoin Price Grinds Closer to $8K as $7,500 Support Remains Intact
Resistance closer to $8,000 remains but a bearish reversal back to the $6,000 range has yet to materialize, boosting trader sentiment.
Vodacom dismisses CEO departure talk
Vodacom Group denied reports CEO Shameel Joosub (pictured) was heading for the door, but revealed ...
Taliban confirm informal talks with the US
The Taliban has confirmed a claim by US President Donald Trump that Washington has resumed informal talks with the Afghan armed group nearly two months after peace negotiations were abruptly suspended.
UPS workers allegedly trafficked 1,000s of pounds of drugs, cash, and fake vapes across the country
"They've been doing it for so long that they were truly comfortable that they were never going to get caught."
RCom shares hit upper circuit for sixth time; gain over 42 per cent in nine sessions
On the BSE, the stock settled 3.85 per cent up at 81 paise. The stock has gained over 42 per cent in nine trading sessions.
Black Friday 2019 Shoppers Stay Away From Stores, Spend Online, Analysts Say
Early discounts saw a dip in the numbers lining up at stores across the country, according to consultants.
3 Dividend Stocks Ideal for Retirees
Utility stocks don't often make the business-news headlines, but that doesn't mean they're can't be great fits for income-focused retirees' portfolios.
Cryptocurrency exchange IDAX’s CEO reportedly missing with the company’s cold wallet
A relatively small cryptocurrency exchange has halted deposit and withdrawal services after its CEO has reportedly gone missing.
Lonely and hungry
We’re reminded every year how many Canadians are left behind in our society, without enough food. Hunger Count 2019 has just been released.
BMW Is Killing Its Range-Extending Hybrid But Maybe It Shouldn't
BMW introduced the i3 REx range-extending hybrid hatchback back in 2014 to offer a longer-range alternative to the fully-electric i3's measly 128 kilometre range at the time. A few short years later, the company confirmed it’s done with range-extending hybrids for good....
Boris Johnson promises to give state aid to UK companies to stop them collapsing after Brexit
Boris Johnson has promised to scrap EU state aid rules after Brexit in order to stop UK businesses from collapsing.
Japan ex-PM Nakasone who boosted ties with US dies at 101
Former Japanese Prime Minister Yasuhiro Nakasone, an ardent conservative who worked to forge a stronger military alliance with the United States, died on Friday at the age of 101, an official at his son's office said.
Daily Mail owner buys rival the i for nearly £50m
Daily Mail and General Trust chairman Lord Rothermere said the publication was ‘highly respected’ and generating plenty of cash.
Sensex tumbles 336 points ahead of GDP data
Yes Bank was the top loser in the Sensex pack, shedding 2.50 per cent, followed by HUL that fell 2.37 per cent, M&M 2.12 per cent, SBI 2.03 per cent, Tata Motors 2.03 per cent and Vedanta 1.97 per cent.
F&O: Nifty outlook bullish till it holds above 11,980-12,000 zone
Maximum Put open interest was at 12,000 followed by 11500 strike.
WATCH: Retailers increase security around Black Friday shopping | Cape Argus
As people jostle each other to get their hands on Black Friday specials, customers are warned to keep their valuables safe from pickpockets.
Daimler to cut 'thousands' of jobs by 2022 to fund electric vehicle shift
"Daimler aims to cut thousands of jobs worldwide by the end of 2022," the Mercedes-Benz maker said in a statement, adding that it intended to save 1.4 billion euros ($1.5 billion) in staff costs
Fiscal deficit for April-Oct at 102.4%, crosses full year target
The revenue gap for the April-October period stood at Rs 5.46 lk cr showing the weakness in tax collection.
‘Taliban Wants A Deal’: Trump During Surprise Thanksgiving Visit To US Troops In Afghanistan
The US president said that American and Afghan soldiers were making the Taliban more eager to reach a peace agreement
Amazon workers strike on ‘Black Friday’
Hundreds of Amazon workers in Germany walked off the job as the US online retailer kicked off its "Black Friday" sales bonanza, escalating a long-simmering battle for better pay and working conditi...
FM's remarks on economy disappointing in extreme: Yashwant Sinha
Yashwant Sinha said the root cause of the current economic crisis is "death of demand" in the country. He alleged that the government ignored the agriculture distress in the country. Sinha also raised questions over the data for calculating GDP numbers. He added that companies after companies are facing bankruptcy and the govt has stated that it would have to close Air India.
UK online supermarket Ocado strikes AI deal in Japan
UK online supermarket Ocado is venturing further outside its main market, announcing Friday a deal to provide artificial intelligence (AI) capabilities to Japanese retail giant Aeon.
Amazon workers in Germany stage strike on Black Friday
Workers at Amazon distribution centres in Germany have gone on strike for better pay on Black Friday, one of the busiest days of the year for the online retailer.
HDFC MF front-running case: Sebi slaps Rs 8.7 mn fine on 7 firms
In its latest order passed on Thursday, Sebi noted that the entities have disgorged the ill-gotten profits made by them along with interest in compliance with disgorgement orders
India’s EV charging infrastructure starts to take shape
In the last few months, several private and state-owned enterprises have laid the groundwork for setting up charging stations.
Premier League CEO Pemsel resigns before starting job
The Premier League says David Pemsel has resigned before starting his job as chief executive following reports about his private life.
‘Steel output target of 300 mt is challenging amid issues over raw material availability’
The Indian steel industry will be able to achieve its crude steel production target of 300 million tonnes (mt) by 2030 only if the issues surrounding raw material availability are addressed. The st
China Folds: Beijing Does Nothing After Trump Signs HK Bill
President calls China's bluff
AstraZeneca's Imfinzi gets speedy FDA review for small cell lung cancer
British drugmaker AstraZeneca Plc said on Friday its cancer drug Imfinzi has been granted a speedy review by the U.S. Food and Drug Administration ...
NZ Bus advised of industrial action by FIRST Union and Tramways Union
NZ Bus has been advised by FIRST Union and the Tramways Union that drivers will be taking strike action from next week that will affect a number of routes.
CM to meet workers from all depots tomorrow
Each depot to send five workers including two women
India quarterly growth falls to worst level in six years
MUMBAI, Nov 29 — India’s economy grew at its slowest pace in more than six years in the July-September period, down to 4.5 per cent from 7.0 per cent a year ago, according to government figures released today that piled more pressure on Prime Minister Narendra Modi. The expansion in Asia’s...
Mexico bristles at US terror designation plan
MEXICO CITY, Nov 29 — President Andres Manuel Lopez Obrador said today Mexico had not been invaded for more than a century and he would not permit another foreign intervention, reflecting tensions over a Trump administration plan to designate drug cartels based in Mexico as terrorist groups....
Thousands of people across Europe are protesting and striking against Amazon on Black Friday, Business Insider - Business Insider Singapore
Business Insider - In Germany employees went on strike, and in some warehouses do not plan to return to work until after Cyber Monday.. Read more at businessinsider.sg
CrowdOwnership: LandWey launches online investment platform for real estate co-ownership
In a bid to create a profitable, vibrant and viable entry into real estate investment by pooling intending real estate investors together to collectively...
Infosys inks pact with Services Australia to digitise welfare entitlements
IT services major Infosys on Friday said it has inked an agreement with Australian federal government’s Services Australia to transform the entitlement calculation engine for the nation’s welfare syst
Exclusive: Mexico's Pemex fights in court to suspend clean diesel rule - documents
Mexico's state-run oil company Pemex has been fighting for almost a year in court to suspend a rule issued by the previous government, requiring ...
Bouquets and brickbats for govt.as it completes 6 months in office
Several decisions guided by poll manifesto; sand policy, review of PPAs draw flak from various quarters
Herbs and hotels: The small businesses helping revive rural Portugal
PORTO, Nov 29 — After Bruno Vargas and his wife had their first baby, they wanted a quieter life. So, they left their home in Angola and returned to his native region in Portugal’s rural interior to set up an organic herbs company. The remote Santarem district of central Portugal is known for...
US stocks retreat from records on greater trade tension
WEST NEW YORK, Nov 29 — Wall Street stocks retreated from records early today on revived worries about US-China trade talks as retailer shares were mixed on the official start of the holiday shopping season. Analysts pointed to increased US-China trade friction as Beijing threatened unspecified...
The Liveris Formula: Dow’s Inclusive Capitalism
Parasites have a certain weight in history. Donors to a system, a state, a company, always claim to be giving back what they advertise as their hard earned cash. Andrew N. Liveris is one such character. Former CEO of the Dow Chemical corporation, he is a face associated with a company that was responsible for manufacturing the defoliating Agent Orange and napalm.
6 signs you probably need a financial adviser, even if you think you don't
If you don't have someone managing your money and you don't know how to do it yourself, it's harder to reach long-term goals like retirement.
India announces $400 mln loan for Sri Lanka, in support of new president
India will lend Sri Lanka $400 million for infrastructure projects, Prime Minister Narendra Modi said on Friday after talks with the island nation's new President Gotabaya Rajapaksa aimed at improving bilateral ties.
Attention Traders! Win $25K by showing off your trading talent with our newest asset - Algo!
We’re excited to introduce Algorand's native token, Algo, to PIT traders by launching a trading contest. The more you trade, the more you could win!
Rescue Beacons Save Lives of Five Migrants in Arizona Desert
Rescue beacons placed in the Arizona desert by Tucson Sector Border Patrol officials led to the rescue of five migrants on Monday.
Twitter CEO Jack Dorsey Announces He’s Moving To Africa, Says It Will Define Bitcoin Future
Dorsey’s trip could be the beginning of a Western ideological shift among big technology companies toward nations in Africa. Twitter CEO Jack Dorsey announced in a tweet this week that he would ...
Explainer: What's at stake in Macron's reform of France's cherished pensions?
PARIS (Reuters) - France is bracing for nationwide public sector strikes on Dec. 5 against President Emmanuel Macron’s drive to overhaul the country’s unwieldy and costly pension system.
David Pemsel resigns as chief executive of Premier League
Pemsel was set to join the Premier League from the Guardian Media Group
77 Percent of Indians Concerned About Looming Danger of War, Survey Reveals
New Delhi (Sputnik): A series of steps taken by the Indian government, such as the abrogation of Jammu and Kashmir's special status, and the Balakot airstrike in February, among other things, have brought things to a head in the region, according to a Paris-based global market research and consulting firm.
OYO's valuation continues to soar despite losses; hovers near $10-bn mark
The losses have reportedly mounted due to the rise in operating expenses fuelled by the company's aggressive expansion in overseas markets
Airbus considering production of hybrid airplane by 2035
HAMBURG (Reuters) - Airbus (AIR.PA) (AIRG.DE) is considering producing a hybrid plane by 2035 as it strives for a low emission aircraft, its chief executive said.
Best And Worst Q4 2019: All Cap Growth ETFs And Mutual Funds
The All Cap Growth style ranks seventh in Q4'19.Based on an aggregation of ratings of 26 ETFs and 545 mutual funds in the All Cap Growth style.TTAC is our top-rated All Cap Growth ETF and NLAFX is our
David Pemsel resigns as Premier League chief executive before starting role
Pemsel had been due to take up the position in February.
PHOTOS: Black Friday frenzy goes global – and not everyone’s happy - Barriere Star Journal
Many countries don’t celebrate Thanksgiving, but they are participating in Black Friday consumerism
Europe to consider law on climate neutrality by March
BRUSSELS (Reuters) - The European Union executive will propose by March 2020 a new climate law to turn the bloc neutral in terms of carbon dioxide emissions by 2050 and help lead the struggle against global warming, a draft showed on Friday.
French lawmakers look to ban Black Friday over environmental concerns
Protesters in France have blocked an Amazon warehouse south of Paris citing concerns that the Black Friday shopping holiday negatively affects the environment.
Alaska governor marks 1st year in office amid turmoil
JUNEAU, Alaska (AP) - Last December, poor weather scrambled Alaska Gov. Mike Dunleavy's inaugural plans, a bumpy start to a turbulent year marked by budget disputes and a recall threat.
US births decline for fourth year in a row, CDC says
(CNN) — The number of births in the United States declined for a fourth year following an increase in 2014, according to a new report...
SEBI to decide on interim relief to Karvy by Monday: SAT
The Securities and Appellate Tribunal (SAT) has asked SEBI to decide on giving interim relief to Karvy Stock Broking by Monday. SAT has asked SEBI to consider allowing Karvy limited use of power of at
Germany's Daimler to cut at least 10,000 jobs over 3 years
BERLIN (AP) - German automaker Daimler said Friday that it plans to cut at least 10,000 jobs worldwide by the end of 2022. It plans not to fill some vacant posts and to offer severance packages in Germany to reduce administrative jobs.
Construction of Ajaokuta gas pipeline to begin soon – Buhari
President Muhammadu Buhari said on Friday work would soon commence on the construction of the 600-kilometre Ajaokuta-Kaduna-Kano gas pipeline
Europe: Banks May Hold and Sell Bitcoin Starting From 2020
According to a new bill on the Fourth Money Laundering Directive drafted by the European Union (EU), banks could be authorized to offer digital assets services including storage for customers. Germany would likely be the first nation to adopt the proposal. According to a German news report published on November 27, 2019, the amendment would come into force as early as 2020.
Government Extends Mandatory FASTag Roll Out Date To Dec. 15
Over 70 lakh FASTags had been issued till Wednesday, with the highest per-day issuance of 1,35,583 tags on Nov. 26.
Eni and Government inaugurates “Okuafo Pa” Agric training Centre
news, story, article
Inheritance should be a windfall, not part of retirement plan, experts say
'The difficulty with inheritance is: you don't know at that point in time what's going to happen,' said Tony Maiorino, head at RBC Wealth Management Services
MTAA Super and Tasplan to merge in a $23 billion superannuation deal
The industry superannuation sector will see the arrival of a $23 billion giant with the merger of MTAA Super and Tasplan Super from October 1 2020.
India Fires Salvo Against Israeli Manufacturer for 'Snubbing' Its Domestic Anti-Tank Guided Missile
New Delhi (Sputnik): Israeli manufacturer Rafael faced a major setback in 2018 after the Indian Defence Ministry cancelled a $500 million Spike deal in favour of a domestically manufactured anti-tank guided missile. New Delhi previously bailed on a Spike purchase in 2011, and again in 2017 – both times under the DRDO’s pressure.
Bizongo emerges as the fastest-growing tech company in India
Data science firm TheMathCompany was ranked second and Vadodara-based communication automation solutions firm Phonon was ranked third for the Deloitte Technology Fast 50 India programme
Extinction Rebellion targets Black Friday
Protest draws a crowd outside the JSE
Russia removes restrictions on two Brazilian beef plants - regulator
MOSCOW, Nov 29 (Reuters) - Russia's agriculture safety watchdog said on Friday it removed temporary restrictions on beef supplies to Russia from two plants in Brazil starting from Nov. 29.One of the plants authorized to resume sales to Russia is operated by Minerva SA and the other one by JBS , the Russian regulator, Rosselkhoznadzor said in a statement.
The wealth gap is one of the defining issues in the US right now, but proposals that punish the wealthy could be focusing on the wrong part of the problem
A wealth tax could have cut Jeff Bezos’ fortune in half and made Bill Gates $US61 billion less rich, but it might not do anything to make the economy feel more fair to the middle class, Bloomberg columnist Noah Smith argued in a recent column.
Ajaokuta-Kaduna-Kano gas pipeline construction to commence soon – Buhari
Nigeria President Muhammadu Buhari on Friday Friday said the government will soon begin the construction of the 600-kilometre Ajaokuta-Kaduna-Kano gas pipeline to move gas from the Southern part of the country to the North. The Nigerian president made the disclosure while addressing the 5th Gas Exporting Countries Forum (GECF) Summit at the Sipopo International Conference […]
North Vancouver’s 1960s Capilano Mall plans for redevelopment
The managers of Capilano Mall are planning for redevelopment of the 1960s-era mall.
EU's new Green Deal slammed as 'half-baked' before launch
Greenpeace have accused the incoming European Commission of Ursula von der Leyen of preparing draft new climate and environmental laws whose measures are "too weak, half-baked or missing altogether".
PHOTOS: Black Friday frenzy goes global – and not everyone’s happy
Many countries don’t celebrate Thanksgiving, but they are participating in Black Friday consumerism
GDP at 4.5%: What is recession?
Q2 GDP: Recession, simply put, is when an economy starts to decline in value. It means that the country is producing and earning less than what it did before
GAIL Gas launches payment options for PNG connections in Mangaluru
GAIL Gas Ltd, which has been authorised to implement City Gas Distribution (CGD) project in Dakshina Kannada district, has introduced three payment options for getting domestic PNG (piped natural gas)
P-8A Poseidon base works commence - Ron Mark
Minister of Defence Ron Mark turned the first sod of earth on the infrastructure works for the new P-8A Poseidon fleet at RNZAF Base Ohakea today.
Russia removes restrictions on two Brazilian beef plants - regulator
MOSCOW — Russia’s agriculture safety watchdog said on Friday it removed temporary restrictions on beef supplies to Russia from two plants in Brazil starting from Nov.
Global startups further expand Turkish software exports
Many global startups based in Turkey and operating in sectors as varied as cybersecurity, gaming, entertainment, health and financial technology, are making a marked contribution to the country's exports and the nurturing of well-trained human resources
Coinbase Denies Report of $150M Acquisition of Tagomi Brokerage Firm
Coinbase has denied reports that it acquired digital currency brokerage firm Tagomi for $150 million.
Ultimate sufferer is common Mumbaikar: Fadnavis after CM Thackeray stays Aarey car shed work
Devendra Fadnavis said the Japan International Cooperation Agency (JICA) had given Rs 15,000 crore for the metro project on "nominal" interest rates.
Report: TikTok Continues Trying to Distance Itself from Chinese Ownership | Breitbart
A new report alleges that Chinese firm ByteDance Studios is making efforts to distance its TikTok app from its other Chinese operations amid a probe by U.S. authorities.
FG’s 10 million jobs target achievable — Fashola
The Minister of Works and Housing, Mr Babatunde Raji Fashola, has said the ministry would play a vital role in helping the administration to...
Luxury holiday homes look set to be built near Derbyshire village
The plan is to construct them around a big fishing lake
Following their latest investment, Tencent now owns 10% of Sumo Group
Sumo Group, who own developer Sumo Digitial, are currently developing the sequel to the cult-classic zombie game Dead Island
UN agency suspends activities in troubled eastern Congo
U.N. agencies on Friday expressed concern about security around the city of Beni in the Democratic Republic of Congo (DRC) following the deaths of four...
Telkom walks away after Cell C rejects offer
Telkom has withdrawn a cautionary notice to shareholders about its proposed acquisition of Cell C after the board of the mobile operator spurned its approaches.
Buffett outbid by private equity in Berkshire's big deal hunt
Warren Buffett has frequently touted his Berkshire Hathaway Inc. as a home for businesses away from what he said was the debt-fueled, quick-turnover appetite of private equity firms. But the Berkshire name wasn’t enough for Tech Data Corp.
As Juncker bids farewell, new EU executive begins with scrutiny over Luxembourg tax
BRUSSELS (Reuters) - Officials from the new European Commission will discuss an International Monetary Fund study that lists Luxembourg as a world-leading tax haven just days after the former leader of the Grand Duchy departs the EU executive’s helm.
POINT OF VIEW: ‘BEF’ reshaping Nigeria visual art
The arts industry in Nigeria, visual arts precisely, has begun to attract attention. This is as a result of efforts made by the Ben Enwonwu Foundation (BEF)
President Akufo-Addo expected to cut sod for commencement of Pwalugu Dam
news, story, article
Jio likely to bag Reliance Infra's tower, optical fibre for Rs 3,600 cr
Bharti Airtel has placed a bid of around Rs 1,800 crore for the same, according to the sources
Supermax is optimistic on FY2020
PETALING JAYA: Supermax Corp Bhd remains optimistic on its financial year 2020 prospect despite posting a lower net profit in the first quarter (Q1) ended September 30, 2019.
The big news: GDP growth touches six-year low, industrial output contracts, and 9 other top stories
Other headlines: A Telangana minister asked why a vet did not call the police in her last moments, and Uddhav Thackeray halted a metro car shed project.
Niall McGarry steps down as Irish chief of Maximum Media
Founder of Maximum Media, Niall McGarry has stepped down from his executive role within the Irish branch of the company over controversies
Hundreds to descend on OMV in New Plymouth
Hundreds to descend on OMV in New Plymouth for climate protest
High-level visits, new projects to promote Turkish-Hungarian relations further
Enhancing their relations to a strategic level in 2013, Ankara and Budapest have greatly developed bilateral ties and initiated many projects, the Hungarian ambassador to Ankara said
The wealth gap is one of the defining issues in the US right now, but proposals that punish the wealthy could be focusing on the wrong part of the problem, Business Insider - Business Insider Singapore
Business Insider - captionDemocratic presidential candidate, Sen. Elizabeth Warren (D-MA) speaks to her supporters after officially filing to be on the ballot for the New Hampshire state primary at the State House on…. Read more at businessinsider.sg
Tracking David Abrams' Abrams Capital Management Portfolio - Q3 2019 Update
David Abrams' 13F portfolio value decreased this quarter from $3.68B to $3.57B. The number of positions increased from 19 to 20.Abrams Capital Management added Altaba while increasing Teva Pharmaceuti
Algeria: Protesters Keep Up Pressure on Authorities As Election Nears
Tens of thousands of Algerian protesters marched on Friday to demand that a presidential election next month be cancelled until the old ruling guard step aside and the army quit politics. The marches, held in cities and towns across the country, mark
Thousands stage global climate protests before UN summit
Tens of thousands of protesters have rallied in cities across the world, demanding more action on climate change and aiming to force political leaders to come up with urgent solutions at a United Nations conference next week.
SON destroys over 5,000 substandard gas cylinders worth N51.3m
The Standard Organisation of Nigeria (SON) on Friday destroyed over 5,000 substandard Liquefied Petroleum Gas (LPG) cylinders worth N51.3 million.
5,000 substandard gas cylinders worth N51.3m destroyed by SON
The Standard Organisation of Nigeria (SON) on Friday destroyed over 5,000 substandard Liquefied Petroleum Gas (LPG) cylinders worth N51.3 million.
Economy set to grow at much faster pace: P. K. Mishra
Mr. Mishra, however, acknowledged that in recent months India had witnessed a slowdown in growth.
David Pemsel resigns as Premier League chief executive before starting role
Pemsel had been due to take up the position in February.
NUM demands probe into Eskom over failure to make profit | IOL News
The National Union of Mineworkers has called for an independent audit on power utility Eskom to probe why it repeatedly fails to post profits.
Coinbase Denies Reports on Takeover of Prime Broker Tagomi
Coinbase has acquired Tagomi, a US-based prime broker that specializes in trade execution and digital asset markets for $150 million
Aboriginal people in Western Australia seek £150bn over lost territory
Aboriginal people in the south west of Western Australia have launched an unprecedented compensation claim for more than £150 billion.
Renault-Nissan-Mitsubishi to appoint General Secretary for alliance
Renault-Nissan-Mitsubishi said on Friday that in coming days it planned to appoint a General Secretary for the alliance in a bid to boost ...
Eight arrested in Gabon corruption purge
The revived anti-graft drive has seen a string of top-level arrests.
Forex reserve hits fresh record high of $449 billion
In the previous week, the reserves had increased by $441 million to reach $448.249 billion.
Consumer Commission Fines Ford R35 Million For Kuga Fires
The National Consumer Commission has fined the Ford Motor Company R35 million for the Kuga SUV fires, which have seen a number of vehicles bursting into flames. The company has also agreed to compensate consumers affected by the fires. Compensation will amount to R50,000 each. The commission made the announcement at a briefing in Pretoria […]
Minister introduces legislation to extend minimum expiry period of gift vouchers
Minister for Business, Enterprise and Innovation Heather Humphreys is to bring in new rules around the sale and use of gift vouchers to improve consumer rights in the area.
BMW, Great Wall to build new China plant for electric cars
BMW and its partner Great Wall Motor said they plan to build a plant in China with a capacity of 160,000 cars per year, and which will produce ...
Govt. orders land acquisition for last leg of river linking project
TIRUNELVELIThe Tamil Nadu Government, which is keen on commissioning the Tamirabharani – Karumaeniyar – Nambiyar linking project by December 2020, has released the government order for acquiring lands
Timeline: Twists and turns in Mediaset vs Vivendi TV drama
(Reuters) - Italian broadcaster Mediaset (MS.MI) and shareholder Vivendi (VIV.PA) were negotiating on Friday to find a way to end a three-year legal battle after all-night talks failed to produce a breakthrough, sources said.
Kremlin says Zelensky, Putin may talk gas at Normandy Four summit
Peskov said intensive contacts on gas are underway and it is premature to give estimates.
Canada: GDP masks sharp improvement in Canadian business investment for Q3 – TDS
Commenting on Friday's Gross Domestic Report from Canada, "GDP growth was in line with market expectations, with the Canadian economy growing 1.3% (an
CME Group Bitcoin Futures Contract Expire Today, BTC Price Pushes Ahead
The monthly Bitcoin Futures Contracts of CME Group are set to expire today, as it’s the last trading Friday of the month. With the recent volatility, the
Warren Buffett gets outbid by private equity amid Berkshire's 'elephant-sized' deal hunt
While Buffett is still on the prowl, he may not be willing to outbid private equity firms flush with money
Mayo firm a winner in InterTradeIreland Seedcorn competition
A MAYO firm was one of the main winners at the prestigious InterTradeIreland Seedcorn Investor Readiness Competition final, held at the Guinness Storehouse in Dublin.
Alaska governor marks 1st year in office amid turmoil
JUNEAU, Alaska (AP) - Alaska Gov. Mike Dunleavy says he hopes to move past the rancor of his first year in office, amid an unsettled dispute with lawmakers over state spending and threat of a recall effort.
Renault and Nissan Try a New Way After Years When Carlos Ghosn Ruled
The automakers want to strengthen their alliance with more decisions built on consensus.
‘Flailing ... teetering’: New York Times and Washington Post declare Kamala Harris doomed
Both the New York Times and Washington Post published stories arguing that Sen. Kamala Harris's presidential campaign is on uneasy footing and nearing a collapse.
Hawaii could have more than 10M annual visitors for 1st time
Tourism officials say Hawaii is on track to have more than 10 million visitors in one year for the first time in the state’s history.
Ukraine boasts record high grain harvest at 74.3 mln tonnes as of Nov 28
By the end of November, farmers threshed 0.3 million tonnes more than forecasted this year.
Dr Macharia Irungu appointed new Kenya Pipeline Corporation MD
Former Gulf Africa Petroleum Corporation CEO Dr. Macharia Irungu has been appointed the new Kenya Pipeline Managing Director.
Forex kitty continues to move up, closes in $449 billion mark
India Business News: Foreign exchange reserves continued the upward move, gaining by a modest $347 million to touch a new high of $448.6 billion in the week to November 22
Taobao's cargo ship with items from 11.11 sales sank deep into the ocean
This must be a really devastating news to some of the fanatic buyers during the 11.11 sales. It is reported that over 879 tonnes of cargo shipped from China sunk into the open ocean after encountered a collision. The cargo mainly consists of products purchased from Taobao during the sales. The repercussions of this incident involved not only Taobao and its consumers, but also the lives of the ship’s crew members.
The Premier League's incoming chief executive David Pemsel has withdrawn from the role
The incoming chief executive of the Premier League David Pemsel has withdrawn from the role following tabloid reports about his [...]
Spurt in wheat sowing pushes rabi area to 338 lakh hectares
Pulses acreage falls with dip in area under gram cultivation
Block Friday: French activists try to disrupt discount shopping day
PARIS (Reuters) - Activists staged protests against online retailer Amazon around France on Friday and tried to blockade a shopping mall in Paris, denouncing as rampant consumerism the U.S. Black Friday shopping frenzy that has spread to European shores.
Germany's Daimler to cut at least 10,000 jobs over 3 years
BERLIN (AP) - German automaker Daimler said Friday that it plans to cut at least 10,000 jobs worldwide by the end of 2022. It plans not to fill some vacant posts and to offer severance packages in Germany to reduce administrative jobs.
Ohanaeze youths disown kinsman seeking third term for Buhari
Mudiaga Affe The Ohanaeze Ndigbo Youth Council has disowned the move by a member of the All Progressives Congress in Ebonyi State, Charles Enya, who is seeking an amendment of the Constitution t...
David Pemsel resigns as Premier League chief executive before starting role
Pemsel had been due to take up the position in February.
Most fund managers since 2011 see South Africa equities as cheap
More fund managers also see local bonds as undervalued, survey shows.
Dangote Sugar Refinery: Revenue recovers but cost pressures remain
Dangote Sugar in its recently released 9M 2019 financials reported a marginal y/y growth in revenue to N117.4 billion in 9M 2019.
Premier League chief executive David Pemsel resigns - before starting job
David Pemsel was due to start as Premier League chief executive in February, taking over from Richard Scudamore after his resignation
Swedish brand H&M tests clothing rental service
Hennes & Mauritz AB is testing out a clothing rental service as the fashion industry faces mounting criticism for waste and pollution. Consumers can rent garments for 350 kronor ($37) a week i
Plea in SC seeks stay on implementation of Electoral Bond Scheme
Plea filed by Association for Democratic Reforms (ADR) said that certain amendments made in Finance Act, 2017 and earlier Finance Act, 2016, both passed as money bills, have opened doors to unlimited political donations, even from foreign companies and thereby legitimising electoral corruption at a huge scale.
GRAINS-Chicago soybean prices slip as U.S.-China tensions grow
* U.S.-China talks shift to Shanghai this week* Wheat underpinned by declining outlook for Russia's crop* No deliveries against CBOT December wheat or corn contracts (Recasts with U.S. trading, adds quotes, updates prices, changes dateline from LONDON)By P.J. HuffstutterCHICAGO, Nov 29 (Reuters) - Chicago soybean futures slipped on Friday with the market closely watching for updates on U.S.-China trade talks, and traders less than impressed with a jump in recent soybean export sales between the two countries.
Buffett outbid by private equity in Berkshire’s big deal hunt
Apollo Global Management tops Berkshire's share bid for technology distribution company.
$993 Million multipurpose Pwalugu dam to be completed by March 2021
The Pwalugu multipurpose dam to be constructed in Pwalugu in the Talensi District of the Upper East region will cost an amount $993 million. The project which is expected to be completed by March 2021 will be entirely funded by the Government of Ghana. Addressing a durbar of chiefs and people of the Upper East and North East region of Ghana in Pwalugu and to cut sod for the project to begin, President Nana Addo Dankwa Akufo-Addo said government is committed to starting and finishing the project as scheduled. “As we further indicated to our commitment to the realisation of this project, the total cost of the project amounting to some $993 million nearly a billion dollars to be borne entirely by government”, he said. According to the President, the Chinese firm Sinohydro, a subsidiary of PowerChina will build the project under the engineering procurement construction contract which will be executed in fifteen (months).
Biz EOD: GDP growth slows down to 4.5%; RBI may cut repo rate; Fiscal deficit of 3.9% realistic, says Uday Kotak
Catch the top stories from the world of business and economy with BusinessToday.In's end of day (EOD) report
German Amazon workers strike on 'Black Friday'
More than 2,000 Amazon workers in Germany walked off the job as the US online retailer kicked off its
Black Friday 'ruined' by NatWest banking outage, customers complain, after it leaves them unable to access accounts
Black Friday was "ruined" by a Natwest banking outage, customers have complained after being unable to access their bank accounts.
Agriculture Q2 growth shows marginal recovery at 2.1%; farmer incomes dip
Most rabi crops, including wheat, mustard and chana, were selling at 10% to 37% below the MSP in the first few months after their harvest
MV Agusta Dragster 800 series sold out in India
Pune-based Motoroyale who brought the exotic Italian motorcycle brand to India in 2015, launched the MV Agusta Turismo Veloce 800 sport tourer just months ago, before starting sales of the more exotic Dragster 800 series
Npower Reveals Reason It Is Axing Up To 4,500 Jobs Under Closure Plan
The new owner of energy firm, Npower says it is cutting up to 4,500 United Kingdom (UK) jobs as part of a plan to make it more profitable.
Winter to be warmer, probability of above-normal temp in cold zones: IMD
The IMD has been issuing seasonal forecast for winter since 2016, and every forecast has predicted a warmer winter
Bonifacio Monument Circle to be closed to traffic Saturday morning
The Caloocan City government announced road closures for vehicles in line with the observance of the 156th birth anniversary of Andres Bonifacio.
Smurfit boxes clever on recycling and sustainability
In Paris to receive a business award, Tony Smurfit talks about sustainable packaging, Brexit and France
French mariners fear watery grave for 17th century pension perks
LA ROCHELLE, France (Reuters) - Tugboat captain Jean-Yves Lagarde should be only 10 years from retiring thanks to special benefits for mariners that date back to the 17th century. But President Emmanuel Macron’s ambition to simplify France’s Byzantine pension system may scuttle his plan.
Forecast: Breezy trade winds with more showers over the weekend
High pressure will build north of the state during the next couple days, increasing the trade winds to breezy and locally windy levels over the weekend.
Fisher Funds takes gong for Fund Manager of the Year
Fisher Funds was crowned overall Good Returns Fund Manager of the Year at the inaugural Good Returns Research IP awards ceremony, held last night in Auckland.
FinMin's claim of slowdown having bottomed out has analysts divided
Some analysts point to raw data available for the festive season and say any meaningful recovery is still to come
FG set to award contract for Ajaokuta-Kaduna-Kano gas pipeline
John Ameh, Abuja The Federal Government is to construct a 600-kilometre gas pipeline from Ajaokuta through Kaduna to Kano, President Muhammadu Buhari has revealed. The line will transport gas...
PAGASA warns ‘Tisoy’ could follow same track of deadly typhoons Glenda, Reming
The Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) said that the approaching typhoon will follow a track similar to typhoons Glenda and Reming which left hundreds of people dead in 2014 and 2006, respectively.
Parts of US brace for heavy snow as storm system to bring 'weather hazards'
Plains region could see severe thunderstorms and tornadoes as dangerous weather has disrupted Thanksgiving travel
Here’s everything we know about WeWork’s layoffs and next steps as the co-working giant looks to right itself
Here’s everything we know about what’s going on inside WeWork:
B.C. home sales continue to climb, hitting highest activity level in nearly two years
B.C. home sales remained on an upswing in October with MLS sales up 1.3% from September and 16% year-over-year.
Stock markets tread water as all quiet on trade war front
LONDON, Nov 29 — Stock traders found little to get the pulse racing today as the trade war front was eerily quiet and Thanksgiving sapped global trading volumes. “It’s been quite the forgettable week and I don’t think today is going to be any more memorable,” said Craig Erlam, Senior...
Turkey works on strategy to expand high-tech product exports
The government aims to increase Turkey's exports of high-technology products around the world as innovation and research and development, coupled with qualified human resources, are the new criteria for economic growth
Block Friday: French activists try to disrupt discount shopping day
PARIS (Reuters) - Activists staged protests against online retailer Amazon around France on Friday and tried to blockade a shopping mall in Paris, denouncing as rampant consumerism the U.S. Black Friday shopping frenzy that has spread to European shores.
NATO moves towards spending goal sought by Trump, Spain lags
BRUSSELS (Reuters) - More European allies in NATO are set to meet a defense spending target sought by the United States in 2019, with sharp rises in Romania and Bulgaria, NATO Secretary-General Jens Stoltenberg said on Friday, but Belgium and Spain will continue to lag.
FASTag not mandatory until December 15
To facilitate sufficient lead time to obtain FASTag, the government has postponed mandatory implementation of electronic toll collection system to December 15
The wealth gap is one of the defining issues in the US right now, but proposals that punish the wealthy could be focusing on the wrong part of the problem
A wealth tax could have cut Jeff Bezos' fortune in half and made Bill Gates $61 billion less rich, but it might not do anything to make the economy feel more fair to the middle class, Bloomberg columnist Noah Smith argued in a recent column.
Thousands of people across Europe are protesting and striking against Amazon on Black Friday
Amazon workers and activists across the UK, Germany, France, and Spain are protesting working conditions at the retail giant’s warehouses with demonstrations and strikes on Black Friday, one of the busiest shopping days of the year.
Judge will decide on Vivendi request to suspend Mediaset's European plan: source
MILAN (Reuters) - An Italian judge will decide on Vivendi’s (VIV.PA) request to suspend Mediaset’s (MS.MI) pan-European project, as she took note that the two groups failed to settle their long-running dispute, a legal source said on Friday.
GDP Growth Rate: Deeply Worrying, Says Manmohan Singh; Will Pick up From Next Quarter, Claims Ministry
Many industrialists tell me that they live in an atmosphere of fear in our society today, former PM Manmohan Singh said denouncing Centre's economic policies
$993 Million multipurpose Pwalugu dam to be completed by 2024
The Pwalugu multipurpose dam to be constructed in Pwalugu in the Talensi District of the Upper East region will cost an amount $993 million. The project which is expected to be completed by 2024 will be entirely funded by the Government of Ghana. Addressing a durbar of chiefs and people of the Upper East and North East region of Ghana in Pwalugu and to cut sod for the project to begin, President Nana Addo Dankwa Akufo-Addo said government is committed to starting and finishing the project as scheduled. “As we further indicated to our commitment to the realisation of this project, the total cost of the project amounting to some $993 million nearly a billion dollars to be borne entirely by government”, he said. According to the President, the Chinese firm Sinohydro, a subsidiary of PowerChina will build the project under the engineering procurement construction contract which will be executed in fifty months.
OUTA: Endless SOE Bailouts Now Exceed Departments Budgets
The Organisation Undoing Tax Abuse (Outa) on Friday told Parliament that current interventions at state-owned entities (SOEs), like Eskom and South African Airways (SAA), were not working. Outa was making its submission during the public hearings on the 2019 Adjustments Appropriation Bill and the 2019 Medium-Term Budget Policy Statement. The objective of the Bill was to effect adjustments to the appropriation […]
'This is why the capital is being moved': Jokowi says after getting stuck in Jakarta's gridlock
The moment the President’s convoy got stuck on Jl. Prof. Dr. Satrio in Kuningan, South Jakarta, went viral on social media on Thursday.
After five-month road test, B30 implementation gets green light
The vehicles in the test showed “relatively similar” performance in power, emissions and fuel consumption compared to when run using B20 biodiesel.
TS man back home after 3-year Gulf ordeal
40-year-old from Nizamabad spent three months in jail for overstaying in Saudi Arabia
Berlin airport to open in 2020 after nine-year delay
Berlin's new international airport is set to open on October 31, 2020, its operating company said Friday, after an embarrassing nine-year delay owing to structural problems and corruption. "The BER will open on 31.10.2020," Flughafen Berlin Brandenburg (FBB) said on Twitter, using the
The Yen Isn't What It Used To Be
$USDJPY:$SPX ratio sinks to new lows, showing further de-correlation between the two assets.President Trump signing the Hong Kong bill in favor of protesters may be just what JPY bulls need.$USDJPY 1:
Canadian Valeura reports positively on Devepınar-1 well in Thrace
The first gas production test from the Devepınar-1 well in the Thrace region has successfully flowed gas from the depths of between 4,640 and 4,775 meters...
Time dotCom 3Q net profit rises as revenue improves
KUALA LUMPUR (Nov 29): TIME dotCom Bhd’s third quarter net profit grew 3.77% to RM82.99 million or 14.19 sen per share, from RM79.98 million or 13.71 sen per share a year earlier, on the back of higher revenue.The telecommunication company also attributed the higher earnings in the quarter ended Sept 30, 2019 to a rise in interest income to RM2.5 million from RM1.8 million previously, a net write back of construction deposit of RM700,000 and an increase in share
Huawei to challenge FCC decision on government subsidy program - WSJ
Huawei Technologies has decided to challenge a U.S. Federal Communications Commission (FCC) decision barring U.S. rural carrier customers from ...
David Pemsel resigns as Premier League chief executive before starting role
Pemsel had been due to take up the position in February.
An efficient cold chain can make farm sector remunerative: expert
‘A weather data book is being prepared for 170 cities’
Another blow for Georgiou
SCA dismisses an appeal against a high court decision ordering him to honour an HS buyback agreement.
Plans to increase market for agri produce from Telangana
State to explore new methods for marketing its farm produce
Joshua Allen enters addiction treatment until sentencing hearing
Son of celebrity chef Rachel Allen will spend three months in residential treatment centre
We ll provide funding for UNIDO’s industrialisation programme – FG
Ifeanyi Onuba, Abuja The Minister of State for Budget and National Planning, Clem Agba, has said the Federal Government would support the new five year Country Partnership Programme of the Unite...
Gymnastics: International federation recognises India’s new national governing body
Sudhir Mital and Shantikumar Singh were elected as president and general secretary respectively of the Gymnastics Federation of India.
Block.One Joins EOS Elections as One Entity Allegedly Controls 6 Block Producers
Block.One’s announced participation in EOS’s block producer elections has reignited concerns regarding the network’s centralization.
If You're a Solo Entrepreneur in a Blue State, Get Politically Aware Right Now to Save Your Business
The problem isn't unions and employee status so much as it is a rush that might not make distinctions.
Damning Tongaat Hulett forensic report fingers ex-executives, including Peter Staude
Group plans to pursue claims against executives implicated in PwC probe
Green is the new black! Kilkenny launches shop local Green Friday Campaign
Say goodbye to Black Friday and hello to Green Friday by buying Irish brands and products on November 29, urges a leading Irish retailer. Green Friday is an initiative led by Marian O’Gorman of ...
Best Black Friday travel deals: Top offers on flights and hotels for your 2019 or 2020 holiday
It’s here, Black Friday has arrived.
Gymnastics Federation of India Gets Recognition From Global Governing Body
The International Gymnastics Federation (FIG) has granted recognition to the governing body of the sports in the country after accepting the results of its recent elections.
Govt extends deadline for mandatory FASTags by two weeks to December 15
The government extended the deadline for making FASTag mandatory for toll payments on national highways to December 15 .
"In polluted Delhi, the diesel car of the future may act like a filter on the road"
There is lot of conversion happening from diesel to gasoline and to compressed natural gas but still for most of the long-haul applications, diesels are here to stay for a few years
SKP Resources 2Q net profit falls 11.4%
KUALA LUMPUR (Nov 29): SKP Resources Bhd saw its net profit fall 11.4% year-on-year to RM24.91 million or 1.99 sen per share in its second quarter ended Sept 30, 2019, from RM28.1 million or 2.25 sen per share previously.This was despite a 2% rise in revenue to RM486.86 million from RM477.23 million, the electronics manufacturing services provider’s stock exchange filing today showed.This brings SKP Resources’ first-half net profit to RM43.4 million, down 19.5% from RM53.94 million in the preceding
GDP data: All three engines driving economic growth are stalling
While the concerted decline in economic drivers calls for multi-pronged efforts to arrest it, stimulus measures so far have focussed mainly on an investment revival
Designers on Sports Direct rebrand: “You can’t simply gift-wrap gaffes”
Sports Direct International will rebrand as Frasers Group, subject to a shareholders’ vote. The unusual move for a FTSE 250 company follows a series of scandals about the group’s governance as well as working conditions at Sports Direct stores. Owner Mike Ashley has also expressed a desire to elevate the group’s image, planning to rebrand some House of Fraser stores as luxury lifestyle concept shops, for example. Is this an effective branding strategy for the retailing group, and how can it position itself better for modern consumer tastes?
OGRA recommends slight reduction in petrol price
Suggests cut of Rs2.4 per litre in price of diesel