Economy 1717
Dozens suffer losses in sham cryptocurrency scheme in Masaka
fraud
Vistara signs codeshare agreement with Lufthansa, 6th with overseas airline
As part of the agreement, Lufthansa will add its 'LH' designator code to nearly 18 Vistara-operated flights every day covering ten Indian cities, including Delhi, Mumbai and Chennai
Highlights of the day: Memory maker slows fab construction
Although the memory market looks to be heading towards a recovery in 2020, suppliers are cautious about expanding supply. Winbond is building a new plant in Kaohsiung, southern Taiwan, with completion originally slated for year-end 2020 and commerical production for 2021. But now the company has now to January 2022. Meanwhile, ASE reportedly is the one providing semiconductor for packaging Qualcomm's freshly launched Arm-based processors for notebooks.
Germany’s relations with Qatar not limited to business: Envoy
The Ambassador of the Federal Republic of Germany to the State of Qatar, H E Hans-Udo Muzel said that friendship and cooperation between the two countries is not limited to business, as Berlin is partnering with Doha in many other fields to jointly tackle the challenges of the future, saying that Qatar is an important partner for his country during its non-permanent membership of the United Nations Security Council in 2019-2020, sharing a common vision of a multilateral framework based on a rules-based world order.
Mudslides strand hundreds of tourists in New Zealand town
Authorities said road access to Franz Josef is not likely to be restored until Friday.
Pound-Australian Dollar Forecast: Fresh Three-Year Highs Ahead says Analyst
The Pound-to-Australian Dollar exchange rate trades at a new three-year high on Monday, December 03. amidst an ongoing lift in the broader Sterling complex
Nissan likely to be fined $22 million by Japan's markets watchdog
Japan's markets watchdog will likely recommend soon that the financial regulator fine Nissan Motor Co Ltd about 2.4 billion yen ($22 million) over false reporting on its financial statement, public broadcaster NHK reported on Sunday. Nissan's former Chairman Carlos Ghosn was arrested in Tokyo in November last year over allegations of financial misconduct, including understating his salary by around 9.1 billion yen ($84.71 million) over a period of nearly a decade and temporarily transferring pe
Lender Amigo's chief executive quits after less than five months in charge
The chief executive of high interest rate lender Amigo, Hamish Paton, has resigned this morning after less than five months in the job.
US confirms visit by Russian foreign minister
US Secretary of State Mike Pompeo will welcome his Russian counterpart Sergey Lavrov on Tuesday -- the Russian's first visit to Washington since a controversial 2017 meeting with US President Donald
Turkish envoy underlines tremendous progress in bilateral ties with Qatar
Doha: The Ambassador of the Republic of Turkey to the State of Qatar, H E Fikret Ozer, underlined that the bilateral relations between Turkey and Qatar achieved tremendous progress in recent years in all areas of cooperation, on the basis of the strategic partnership.
OKEx Prepares to Launch USDT-Margined Perpetual Swap Trading, Announces TMMR Risk Management Feature for Spot Margin Trading
OKEx, the leading global cryptocurrency futures exchange platform has announced that it is going to soon launch its USDT Margined Perpetual Swap Trading
Airtel Launches Non-expiry Data Bundles, 5MB To Sell At Ksh1
Kenya's second-largest telco Airtel has launched non-expiry data, months after its rival Safaricom launched a similar product.In the new plan, 5MB of data will cost Ksh1, and a Ksh2 call rate acro
Rakesh Jhunjhunwala voices support for Fortis-IHH deal, says no link to Singh brothers
Expressing shareholders' concerns over lag in IHH's planned open offer for Fortis, Rakesh Jhunjhunwala stressed that the deal was "fair" and IHH should conclude it since the open offer has been pending for a year
He Suffers From Serious Memory Lapses, Raila Reacts On Mudavadi Autobiography
Orange Democratic Movement (ODM) leader and AU High Representative for Infrastructure Raila Odinga has addressed the remarks made by Amani National Congress (ANC) leader Musalia Mudavadi.Odinga ha
Esperance Shire owed nearly $40k in unpaid rates
The Shire of Esperance is set to take its pursuit of unpaid rates to the next stage, with more than $39,000 owing. According to the December, 2019 council ag...
Takeover bids intensify for Just Eat food app
Prosus increases its cash offer for the food delivery firm.
Lucky 13 for Milan Bergamo
For the first time in its history, Milan Bergamo Airport has hit the 13 million passenger mark, setting a new record for annual passengers for the Italian gateway. Handling just one million passengers for the first time in 1999, saw the airport celebrate the historic moment with the lucky 13-millionth passenger departing for Dheli via Rome. Endorsed by Milan Bergamo’s strengthening of existing flights, new carriers, and the expansion of route choice, the airport has welcomed extraordinary growth over the last
USD/CAD consolidates in a range, around mid-1.3200s
The USD/CAD pair extended its sideways consolidative price action through the early European session on Monday and remained confined in a narrow tradi
The Quality Of Its Microtransactions Will Decide Ubisoft's Fate
Ubisoft has had a terrible 2019 so far, which I feel has been accurately priced into the share price.In my view, going forward, Ubisoft's success will depend on its ability to implement microtransacti
Russian troops enter Raqqa city for first time during Syrian War
BEIRUT, LEBANON (9:40 P.M.) – The Russian Armed Forces have entered the city of Raqqa for the first time during this nearly nine-year-long war, a number of activists in northern Syria reported on Monday. According to the reports, the Russian Armed Forces entered Raqqa to distribute humanitarian aid to the people in the war-torn city. The military delivered two thousand food kits to Raqqa residents. Military doctors have also arrived in the city, who are ready to provide assistance to all in need. “The infrastructure in Raqqa was completely destroyed during the liberation process conducted by the US-led international coalition,” an officer at the Russian Center for Reconciliation of Controversial Parties, Vladimir Varnavsky, told reporters. “Thousands of civilians became victims of indiscriminate air and artillery attacks,” Varnavsky added. “The city has not yet finished the work of clearing debris and clearing the area, and there is a shortage of clean water, medicine and food.”
Banks must stick to their core functions
Diversification into long-term financing, insurance, mutual funds and share broking have affected their performance
Haniyeh Arrives in Turkey on 1st Leg of Long Tour
Hamas leader Ismail Haniyeh arrived in Turkey on Sunday as part of a tour abroad, his first since assuming power in May 2017. Haniyeh heads a large delegation including the deputy chief of the Hamas politburo, Saleh Arouri, head of Hamas Diaspora Off
AFN: Shehu-Gusau vows to unravel corrupt practices
Ibrahim Shehu-Gusau, embattled President, Athletics Federation of Nigeria, AFN has said the body will work diligently to unravel all corrupt practices.
Shares, Commodity, Rupee Market LIVE Updates: Sensex up 100 points, Nifty over 11,950 led by auto, metal stocks
Share Market, Sensex, Nifty, BSE, NSE Share Price Today Live Updates: Catch all the LIVE market action here.
Tesco shares soar as investors salivate over potential sale of Asian division
Analysts believe the sale of the Thailand and Malaysia division could bank Tesco up to £7.2bn.
QNB to embrace digital transformation
Abdulla Mubarak Al Khalifa, Acting Group Chief Executive Officer of QNB said yesterday that Qatar’s banking sector is well capitalised, with high asset quality and robust profitability. The capital adequacy ratio stands at 17 percent, well above Basel III guidelines. Asset quality remains high with non-performing loans (NPLs) at 1.9 percent, one of the lowest in the region. Profitability remains solid with returns on equity (RoE) over 15 percent, he said while addressing The Euromoney Qatar Conference.
Recycling returns to Golden Plains Shire
Recycling collected in Golden Plains Shire will no longer automatically go to landfill from next week.
Where Bicyclists, Doormen and Tourists Battle for Turf
New York City bicyclists say people who walk across bike lanes need to pay attention. But doormen at high-end hotels worry about collisions as lanes expand.
Is Russia using its frozen-conflict playbook in Ukraine?
As Russian President Vladimir Putin and Ukraine's leader Volodymyr Zelenskiy meet for the first time Monday, many wonder what Moscow's long-term goal is in
Tighter climate rules seen erasing US$2.3 trln in firms’ value
Tighter government climate regulations by 2025 could wipe up to US$2.3 trillion off the value of companies in industries ranging from fossil fuel producers to agriculture and car makers, an investor group warned, Reuters reports. Any abrupt policy shifts risk severely disrupting current investment strategies, Principles of Responsible Investing (PRI), a group representing investors with…
Empress Masako pledges to help emperor more and bring happiness to the people in birthday message
Empress Masako said Monday she is happy to have completed her duties as part of Emperor Naruhito's enthronement rituals, and pledged to continue such work
Strategie Grains sees 2020 EU rapeseed crop at 18.5 mln T
PARIS, Dec 9 (Reuters) - Consultancy Strategie Grains forecast that rapeseed production in the European Union would reach 18.46 million tonnes next year, rebounding from a 13-year low of 16.85 million this year.The 2020 crop forecast would still be one of the smallest in recent years after a drought-disrupted sowing campaign in western Europe. It was in line with Strategie Grains' initial outlook last month which said next year's output might not reach the 19-million-tonne level.
China's 3 Greatest Dynasties
What can Chinese history tell us about China today?
Putin, Zelenskyy to hold first summit on Ukraine conflict
Russian President Vladimir Putin will for the first time hold formal talks with his Ukrainian counterpart, Volodymyr Zelenskyy over the conflict in Ukraine's east on Monday in a much-anticipated summit in the French capital, Paris.
Perak Amanah supports any decision made on land ownership
IPOH, Dec 9 — Any decision to be made by the Perak state government in granting 999-year ownership or permanent titles to new villages, will have to be in line with Pakatan Harapan’s (PH) stance, said Perak Parti Amanah Negara (Amanah) chairman Datuk Asmuni Awi. He said whatever decision made...
China says hopes to reach trade deal with US as soon as possible
China said it hopes to make a trade deal with the United States as soon as possible, Reuters reports. “On the question of China-US trade talks and negotiations, we wish that both sides can, on the foundation of equality and mutual respect, push forward negotiations, and in consideration of each others’ core interests, reach an…
Good governance matters
The stakes are too high for the government to quietly settle the case, as Garuda is publicly listed. Transparency matters, for without it the government would put its reputation on the line both at home and overseas.
UNILORIN, firm sign 21-year land lease agreement
The MOU was signed by Mr Indimi and Vice-Chancellor of UNILORIN, Jubril Oyelekan, at the Maiduguri office of OER Farm Ltd last week.
Governor Mike Sonko Charged With Economic Crimes, Prosecution Opposes Bail
Nairobi Governor Mike Sonko has been arraigned at the Milimani Law Court after his dramatic arrest on Friday, December, 6 on the charges of over Sh357 million graft case.He was presented before th
Qatar Petroleum announces implementation of ICV Policy from January ’20
Qatar Petroleum (QP) has announced the implementation of the In-Country Value (ICV) Policy in the Energy Sector starting from January 2020 through Tawteen, the localization programme for services and industries in Qatar’s energy sector.
Vice President highlights limp action to prevent illegal trade
Despite the inability to prevent and control illegal trade effectively, illegal goods worth over Ks15 billion were confiscated over the past 14 months, Vice President Myint Swe told local businesspeople. The Private Sector Development Committee held the 31st meeting with Myanmar entrepreneurs at the office of the Union of Myanmar Federation of Chambers of Commerce and Industry in Yangon on December 8.
German exports rise in October, defying expectations
BERLIN (AP) - German exports posted a second consecutive month-on-month increase in October, defying economists' expectations of a slight decline.
Saxo Bank Reports Worst Monthly FX Volumes in 4 Years
Saxo Bank posted a month-on-month drop across the board for foreign exchange, commodities, fixed income and equities trading volumes in November.
Market Pulse on December 6th
S&P 500 3145,91 +28,48.
North Korea opens mountain spa, ski resort in tourism push
SEOUL, South Korea (AP) - North Korean leader Kim Jong Un opened a new mountain spa and ski resort that's intended for people to enjoy high civilization under socialism in another example of the country using tourism exemptions in sanctions to build revenue for its broken economy.
Altron acquires identity security firm Ubusha for R360m
Once integrated, Ubusha will merge with Altron’s existing Cybertech to form Altron Security Solutions.
North Korea opens mountain spa, ski resort in tourism push
SEOUL, South Korea (AP) - North Korean leader Kim Jong Un opened a new mountain spa and ski resort that's intended for people to enjoy "high civilization under socialism" in another example of the country using tourism exemptions in sanctions to build revenue for its broken economy.
Special report: We need more than GDP growth (part 1)
Why measuring GDP is not enough.
The best and worst regional housing markets
CoreLogic names the best and worst performing regions in the country.
5 Cryptocurrency Trading Tips (By a Trader)
The difference between an unprofitable or slightly profitable trader, and a wildly profitable cryptocurrency trader, are often just a few tiny tweaks to the trader’s mentality and strategy.
Asian markets subdued ahead of key US-China tariff deadline
Asian stocks edged up on Monday following surprisingly strong US jobs data, but gains were subdued amid concerns over the [...]
Ericsson pays over USD 1 bln to resolve bribery charges in the US
Ericsson has agreed to pay USD 520.6 million and USD 458.4 million (plus pre-judgement interest of USD 81.5 million) to settle bribery charges brought by the US Department of Justice (DoJ) and Securities and Exchange Commission (SEC), for a total of over USD 1 billion. CEO Borje Ekholm said the Ericsson can move forward and build a stronger company.
Irish skincare company Integumen raising £1.4m from share placing
Company to use funds to help boost revenues as it looks to double size of its laboratory
Angus McDondald’s diners shocked at seeing drug-driver, 55, careering airborne on busy street
A drug-driver who sped off from an Angus McDonalds restaurant and went airborne after careering through a bollard in the middle of busy street had been put off the road for 21 months.
Ministry launches initiative to sort wastes at source in hospitals, health centers
Doha: The General Services Affairs Sector at the Ministry of Municipality and Environmental (MME) in cooperation with the Ministry of Public Health (MoPH) has launched a programme for sorting wastes at source and recycling it at the headquarters of the Ministry of Public Health and health centres run by the Primary Health Care Corporation (PHCC).
Cracks on Njoro interchange worry motorists
KeNHA allays fears that cracks pose danger to motorists.
India: Analysing the fiscal impact of income tax cuts – Standard Chartered Bank
Economist at Standard Chartered Bank offered their take on the fiscal impact of an expected personal income tax cut – aimed at boosting consumption de
Manateq awards QR1.5bn project to GWC
Manateq (Economic Zone Company-Qatar) announced yesterday at a press conference that it has awarded the Al Wukair Logistics Park development project to Gulf Warehousing Company (GWC), Qatar’s leading logistics provider.
Record number of domestic abuse incidents reported in North
Officers respond to domestic abuse incident every 17 minutes, PSNI says
VA Tech Wabag executes TTRO plant for Chennai Metropolitan Water Supply
This is one of the largest and technologically advanced water reuse plants in India
Aster Medical Centre expands with plastic surgery department
Doha: As part of an initiative to expand its services, Aster Medical Centre, a division of Aster OM Healthcare, the largest private healthcare network in the country, has announced the opening of outpatient consultancy in plastic surgery.
National Day has significant meanings in minds of citizens and residents: Qatar Post Chairman
Doha: The Chairman and Managing Director of Qatar Postal Services Company Faleh Mohammed Al Nuaimi, said that the celebration of the National Day has significant meanings in the minds and hearts of all citizens and residents of the State of Qatar.
Top CEOs call out CompCom over #DataMustFall
Telkom’s Sipho Maseko and Johan van Zyl of African Rainbow Capital argue that the competition watchdog’s decisions on data prices will do more harm than good.
Naspers spin-off Prosus ups Just Eat offer to £5.1-billion
Naspers spin-off Prosus has raised its bid for UK food delivery firm Just Eat as it tries to win over investors and beat out an offer from rival Takeaway.com.
Guns blaze in Ukraine as leaders meet in Paris
Hundreds of explosions and bursts of small arms fire were reported on the contact line in east Ukraine, as France prepares to host the first peace summit on the war in three years.
Australia burns grasslands to minimise looming bushfire risk
More than 100 fires are ablaze in New South Wales and Victoria states
Cops accused of flouting laws by sourcing unlawful R6.9m donations | The Star
SAPS allegedly received Police Day gifts and sponsorships with the national commissioner’s approval
Why Your Budget Needs 'Sinking Funds'
In last week’s post on How to Budget for Unexpected Expenses, I described sinking funds as “one of the best budgeting hacks ever,” which means it’s time for me to tell you how they work....
Big investors up call for governments to take climate action
MADRID (AP) - More than 600 institutional investors managing a whopping $37 trillion in client assets called Monday for governments to step up their efforts against climate change.
AEDC: We cannot avoid VAT from meter cost - The Nation Newspaper
Following the complaint about the surreptitious manner in which the Abuja Electricity Company (AEDC) has raised the cost of meters, the power firm's ...
Unemployment high on list of Arab youth’s major concerns
ANKARA: Turkey sent 11 French “foreign terrorist fighters” back to France on Monday, the Turkish interior ministry said. “Eleven French citizens have been deported to their home country,” it said in a statement. Ankara has lambasted Western countries for refusing to take back their citizens who left to join the Daesh group in Syria and Iraq. It says it has some 1,200 foreign
Government debt is not a free lunch
With interest rates on government debt at multi-decade lows, a number of leading economists have argued that almost every advanced economy can allow debt to drift up toward Japanese levels (over 150 percent of GDP even by the most conservative measure) without any great concern about long-term consequences. Advocates of much higher debt might be…
Jaguar Land Rover sales fall 3.4% in Nov
The sales of Jaguar brand were at 11,464 units during the month, down 23.1 per cent per cent from November 2018, Tata Motors said in a BSE filing. Land Rover sales stood at 35,078 units, up 5.5 per cent per cent from the same month last year, it added. Tata Motors-owned Jaguar Land Rover (JLR) on Monday reported 3.4 per cent decline in total retail sales.
QC, Turkish metals sector to boost cooperation ties
The Qatar Chamber (QC) held a meeting yesterday with a trade delegation headed by the Chairman of the Istanbul Ferrous and Non-Ferrous Metals Exporters’ Association (IDDMIB) Tahsin Öztiryaki. The Qatari side was headed by QC’s First Vice-Chairman Mohamed bin Ahmed bin Towar Al Kuwari.
Carnival Corporation’s Costa Cruises welcomes LNG-Powered Costa Smeralda to fleet
MIAMI – Costa Cruises, the Italian brand of Carnival Corporation & plc officially took delivery today of Costa Smeralda, the brand’s first ship powered by liquefied natural gas (LNG), the marine industry’s most advanced fuel technology. The handover ceremony was held at the Meyer shipyard in Turku, Finland, where the brand’s new flagship was built. Costa Smeralda becomes Carnival Corporation’s fourth new ship of 2019 and its second LNG-powered ship. Costa Smeralda is the first of two new sister ships for Costa
Ethiopian Group CEO named ‘Airline Executive of the Year’ by CAPA
ADDIS ABABA - Ethiopian Airlines Group CEO Mr. Tewolde GebreMariam has been recognized as ‘Airline Executive of the Year’ at the annual Global Aviation Awards for Excellence organized by Centre for Aviation (CAPA) in Malta on 5th December 2019. Mr. Tewolde GebreMariam won the title for his commendable individual influence on the aviation industry, demonstrating outstanding strategic thinking and innovative direction for the growth of Ethiopian Airlines and the aviation industry at large. Commenting on the accolade, Mr. Tewolde GebreMariam said,
Record outcome for Edinburgh legal firm Anderson Strathern
Mid-tier legal firm Anderson Strathern has booked record full-year results as it continues to secure high-profile work.
Lagos to eradicate wastes generated from construction, demolition
The Lagos State government has launched the Construction, Demolition and Disaster Waste (CDDW) of the Lagos Waste Management Authority (LAWMA)
GBP/USD: A close above 1.3187 is pivotal – Commerzbank
In the view of Karen Jones, an analyst at Commerzbank, the GBP/USD pair is looking northwards on the UK election, with the bias to be confirmed on a c
International Breweries opens N164b rights issue - The Nation Newspaper
International Breweries has opened application list for its N164 billion right issue, in a major recapitalisation that will see the Belgian core ...
Mexico rejects US trade deal proposals on steel, aluminum
Mexico's foreign minister said Sunday the country would not accept a US proposal for steel and aluminum production under the new trade deal, saying it would leave Mexico at a disadvantage. During a meeting with senators to discuss details of negotiations for the United States-Mexico-Canada treaty
ATOM Hotels Socimi expands its portfolio
MADRID - The REIT ATOM Hotels Socimi, incorporated in January 2018 by Bankinter and GMA, has confirmed the acquisition of the hotel Tryp Coruna formally owned by one Melia Hotels International Group’s companies, The four-star hotel is located in the historic center of La Coruna and offers 181 rooms. The acquisition represents 12.9 million euros. A new lease agreement has been signed with the Hotusa Group, which will operate the hotel under the EXE brand. GMA, ATOM manager, has led the rebranding
Benue: ICPC Arraigns Ortom’s Aide Over Alleged N4.7b Contract Scam
Stephen Amase, the principal private secretary to Benue State Governor Samuel Ortom, and a former Commissioner for Works, Manger T Emmanuel, have been arraigned by the Independent Corrupt Practices and other related Offences Commission (ICPC) over alleged N4.7billion fraud.
Scores killed in India factory fire - The Nation Newspaper
At least 100 people were sleeping inside the factory, which mainly makes school bags, when the fire started. More than 60 have been rescued...
Priyanka Lambasts Centre Over Rising Petrol, Onion Prices, Says Govt is in Sleeping Mode
"The inflation has made the life of common man worse, prices of onion have crossed Rs 200 in some parts and petrol has crossed Rs 75, but the BJP government is in sleeping mode", stated Priyanka.
Consumer Watch: What Consumer Act says about sales of ‘old’ cars | IOL News
It seems dealerships can pretty much do as they please, flouting the Consumer Protection Act (CPA).
German exports rise in October, defying expectations
BERLIN (AP) - German exports posted a second consecutive month-on-month increase in October, defying economists' expectations of a slight decline.
North Korea opens mountain spa, ski resort in tourism push
Tourism is excluded from the heavy sanctions the U.N. Security Council has imposed on the North over its nuclear weapons program.
A cancer-drug developer's stock just surged more than 100% after Merck agreed to a multi-billion-dollar takeover
Cancer-drug developer ArQule skyrocketed as much as 102% in early Monday trading after Merck agreed to acquire the company in a $2.7 billion tak...
Farmers blockade Tesco in ongoing row about beef prices
IFA president says supermarket’s half-price beef sale is an ‘insult to farmers’
Energy treaty 'undermines success of Green Deal'
Over 250 civil society organisations and trade unions say that the Energy Charter Treaty is incompatible with the Paris Climate Agreement and the new Green Deal - becoming an obstacle to the clean-energy transition.
Govt Needs Stronger Anti-Corruption Measures: Danish
Sarwar Danish, Afghanistan’s second vice president, addressed a gathering on Monday-- International Anti-Corruption Day-- and said: “Despite some achievements, we have not been completely s
European shares flat as China data stokes slowdown worries
(For a live blog on European stocks, type LIVE/ in an Eikon news window)Dec 9 (Reuters) - European stocks were flat on Monday as new data from China signalled a slowdown in the world's second-largest economy, stoking fresh concerns about slowing global growth.The pan-European STOXX 600 index was trading flat at 0803 GMT, after closing more than 1% higher on Friday following a robust U.S. jobs report.
Russian foreign minister Sergei Lavrov to visit Washington, US confirms
US Secretary of State Mike Pompeo will welcome his Russian counterpart Sergei Lavrov on Tuesday -- the Russian's first visit to Washington since a controversial 2017 meeting with US President Donald Trump, the State Department announced. The brief statement about the meeting, to be held at the State Department, said Pompeo and Lavrov would "discuss a broad range of regional and bilateral issues." On Friday, a Russian foreign ministry spokeswoman said the meeting was being "prepared" for Tuesday.
PPP forum on exporting smart transport infra to be held
A forum on public-private partnerships for the export of smart technology-based public transport infrastructure is set to be held in Seoul on Thursday, the Seoul City government said Monday. Hosted by the Seoul Metropolitan Government, the forum will look at emerging trends in smart transport systems, Seoul’s smart transport policies and the municipality’s support for private companies looking to br...
Health Ministry springs to action after first confirmed polio case in nearly 30 years
KUALA LUMPUR, Dec 9 — The Health Ministry has mobilised available measures to contain the possible re-emergence of the polio virus that was eradicated in Malaysia almost three decades ago. After confirming the infection of a three-month-old boy in Tuaran, Sabah, the ministry tested 661 people in...
FMBN has low capital base – MD
The FMBN does not have a strong capital base and this is affecting the availability of low-cost housing in Nigeria.
Shakti Pumps hits 52-week low as CARE downgrades bank facilities
The outlook for the long-term rating of the company has been revised from 'Stable' to 'Negative'.
Executions ahead? Buxar jail told to make 10 ropes
Buxar Central jail has been supplying ropes to different jails throughout the country since 1930.
Andhra govt cancels Rs 3 crore work orders at CM's residence to ward off criticism
BJP leader Lanka Dinakar welcomed the cancellation of the order pertaining to the expenditure.
TSMC To Kick Off 5nm Mass Production Mid-2020; 3nm To Start In 2022
Earlier this year, TSMC announced that it had completed the fabrication process of its upcoming 5nm die lithography. Now, the Taiwan-based foundry recently announced that it is ready to go into mass production with its
Volvo XC40 Recharge – EV influenced by Tesla Model 3
Volvo's first electric vehicle, the XC40 Recharge, wouldn't have been the same if it wasn't for the arrival of the Tesla Model 3. Volvo's chief technology
AUD/USD slides to 0.6820 horizontal support
The AUD/USD pair refreshed daily lows during the early European session on Monday and is currently placed near the 0.6820 horizontal support. The pair
Big investors up call for governments to take climate action
MADRID (AP) - More than 600 institutional investors managing a whopping $37 trillion in client assets called Monday for governments to step up their efforts against climate change.
Tesco leads FTSE 100 risers as it weighs up Asia sale
Shares in Tesco rose more than five per cent in early trading as investors welcomed reports that the company is exploring a sale of its Asian businesses.
Nearly 1,000 tourists stranded in New Zealand town following landslides
Authorities say road access to Franz Josef is not likely to be restored until Friday
Keysight Reports A Strong Quarter
Keysight Technologies reported a fiscal fourth quarter that beat analyst expectations.Fiscal 2019 saw adjusted operating income more than double from 2018.The valuation is attractive as the company's
Abyssinia Bank makes one billion birr profit
Bank of Abyssinia, one the private banks in Ethiopia, makes the biggest gross profit in the Bank’s history, 1.02 billion birr (close to $32.8 million at the current exchange rate), for the financial year concluded June 30, 2019.
Airbnb invests as Zeus corporate housing raises $55M at $205M
As Airbnb absorbs more and more of the demand for housing, it’s exploring how to monetize opportunities beyond vacation rentals. A marketplace for longer-term corporate housing could be a huge business, but rather than build that itself, Airbnb is making a strategic investment in one of the market leaders called Zeus Living, which will list […]
Foreign capital inflows into telecoms rise by $659.03m
The country’s desire to deepen broadband penetration nationwide is hinged on capital investment into the telecom sector. IFE OGUNFUWA examines how the sector has fared in investment in the past two...
Anambra Business and Investment Roundtable seeks to shape the future
The 3rd edition of the Anambra Business and Investiment Rountable (ABR) took place on November 25, 2019; the theme was “Beyond Infrastructure
LHC to hear Maryam Nawaz's petition for removal of name from ECL today
December 09: Russian company Gazprom is set to initiate the feasibility study in the first quarter of 2020 for laying down undersea pipeline starting from Persian Gulf to Pakistan, India and Bangladesh initially that will ultimately end to China after touching Myanmar and Thailand, a senior official of the Petroleum Division privy to the development told The News.
Invest In Crypto Stocks Instead Of Actual Cryptocurrency
Just a few short years ago, buying up cryptocurrency was all the rage. In theory, you could spend a little on Bitcoin or one of the other popular cryptocurrencies, and cash out with an astonishing rate of return....
Aisha Buhari, World Bank and the Nigerian condition
About the time First Lady Aisha Buhari was again emerging from 'the other room' to deliver one of her seasonal tirades against the system ...
Japan PM Abe says visit by Iran’s Rouhani being arranged
Abe, who has developed friendly ties with Trump, traveled to Iran in June in an unsuccessful effort to encourage Iran and the U.S. to hold talks to reduce tensions.
Russia plans to set up Arctic air defence 'dome' with S-400 missiles
Russia plans to establish an air defence "dome" across its polar region by arming all of its Northern Fleet's Arctic divisions with S-400 missile batteries, a Russian naval commander said on Monday. Russia has been stepping up its military presence in the Arctic, building new infrastructure
Jeff Bezos Says Big Tech Companies Should Ignore Employee Outcry and Partner With the U.S. Government
The U.S., he says, is 'the good guys.'
Bristol-Myers Squibb Co (NYSE:BMY) Given Consensus Recommendation of “Buy” by Brokerages
Bristol-Myers Squibb Co (NYSE:BMY) has been given a consensus recommendation of “Buy” by the nineteen research firms that are covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and eleven have given a buy recommendation to the company. The average 12-month target price […]
ADB, Pakistan sign $1.3 billion loan agreement
Federal Minister for Economic Affairs Hammad Azhar was present on the occasion.
Stocks slip as investors weigh outlook for US-China trade
Tokyo (AP) - Stock markets weakened during European trading on Monday as investors weighed the possibility of more U.S. tariffs on China and the outlook for negotiations on the trade dispute.
Delhi Anaj Mandi fire: Owner of gutted floor AAP worker, says Manoj Tiwari
Manoj Tiwari has claimed that Rehan, owner of the floor of the building which was engulfed by a massive fire in Anaj Mandi area, is said to be an Aam Aadmi Party (AAP) worker.
Anti-corruption drive will bring prosperity to Pakistan: PM Imran
Premier lauds Punjab govt for launching anti-corruption app
Occupational safety, health awareness and practice are paramount
It is the sole responsibility of employers to ensure the safety and health of their employees by preventing their exposure to occupational risks
Government nickel ore export ban to hit newly listed company
From its exports in 2018, Ifishdeco earned Rp 365 billion (US$26 million), more than double the Rp 140 billion pocketed from domestic sales.
17 habits of self-made millionaires who retired early
It takes a lot of diligence and dedication to retire early as a self-made millionaire.
Payday lenders have embraced installment loans to evade regulations – but they may be even worse
Use of installment loans has grown dramatically in recent years – all without the regulatory scrutiny that tamped down on abuses in the payday loan market.
Controversial Company at the Centre of Sonko's Woes
As the flamboyant county head unleashed his battery of 12 lawyers, the controversial company behind his woes has been revealed as...
The Fed's recent repo crisis was the fault of big banks and hedge funds, new study finds
September's repo-rate spike was driven by big banks and hedge funds, the Bank for International Settlements wrote in a report released Sunday. T...
SIPRI: Global arms industry sales up 4.6% worldwide, U.S. companies dominate Top 5
For the first time since 2002, the top five spots in the ranking are held exclusively by U.S.-based arms dealers.
Cheney warns disengagement in Mideast benefits Iran, Russia
Cheney’s backing of a muscular military response in the Mideast starkly contrasts Trump’s promises to pull America from what he calls the Mideast’s “blood-stained sands.”
Pakistan, Asian Development Bank sign loan agreement worth USD 1.3 billion
On Friday, the bank said it has approved a USD 300 million policy-based loan that will help Pakistan to address financial sustainability, governance, and energy infrastructure policy constraints in country's energy sector.
India, Australia review strategic ties in 2+2 secretarial talks
India and Australi deliberated on prevailing regional security concerns and explored ways for cooperation in field of defence industry and technology, said the Defence Ministry
Trump, Saudi crown prince vow to cooperate on Florida base shooting probe
(Reuters) - U.S. President Donald Trump and Saudi Crown Prince Mohammed bin Salman on Sunday discussed last week’s Florida naval base shooting and vowed to work together on the investigation of the attack, which left three people dead and injured eight others.
IAEA Got No Invitation From North Korea to Visit Nyongbyon Nuclear Test Site - Grossi
VIENNA (Sputnik) - The International Atomic Energy Agency (IAEA) has not received any invitation from Pyongyang to visit the Nyongbyon Nuclear Scientific Research Centre, the new director-general of the organisation, Rafael Grossi, has said in an interview.
CEOs call for fiscal stimulus
Australia's top business leaders say infrastructure spending, tax cuts and investment breaks should be used to boost sluggish growth.
About 200,000 Pakistani pilgrims to perform Hajj 2020: Minister
ISLAMABAD, Pakistan: The Minister for Religious Affairs and Interfaith Harmony Noor-ul-Haq Qadri has said that about 200,000 pilgrims will perform Hajj in 2020 under the Government as well as Private Hajj Scheme. However, the exact number of pilgrims who will perform Hajj in 2020 will be known after the signing of an agreement by him with his Saudi Counterpart, which is expected in the first week of December 2019. In a written reply to a question submitted in the National Assembly on December 9, 2019, the religious affairs minister told that the detail of per head expenditure for Hajj 2020 is based on the rates of accommodation charges. The minister told that compulsory Hajj dues, additional service charges and train charges etc. to be provided by the Director General (DG) Hajj, Jeddah and airfare to be decided with the airlines. Noor-ul-Haq Qadri further told that the survey of the buildings is underway and agreements with the different departments of the Kingdom of Saudi Arabia are also under process. Therefore…
With No Revenue or Approved Treatments, Ocugen Stock Is a Clear Sell
Because if you do, you’ll probably lose all your principal and a tax deduction would then be the only benefit to owning OCGN stock.
Boeing is promising 3 fixes to the faulty system behind the 737 Max crashes to let pilots stop it from forcing the plane into an unstoppable nosedive
MCAS, which was designed to automatically push the plane's nose down to stabilize it, was identified as a key factor in both 737 Max crashes.
CEOs want urgent action to boost economic growth
Chanticleer's annual survey of 40 CEOs has uncovered some sage advice for government on how to kick-start the economy.
Uncertainty over FIRS boss reappointment, as his tenure ends
The tenure of Babatunde Fowler as the Chairman of the FIRS ended last weekend and his special adviser has been announced as his replacement.
Scale model of Springbank dam tests flood diversion impacts, raises critics' ire
While final approval of the Springbank dry dam has been held up by regulatory hurdles, a model has been quietly built, far from prying eyes.It’s a 1/16-scale version of the project — co…
Blockchain: Tim Draper Backs VC Goren Holm Ventures, Firm Rebrands as Draper Goren Holm
Prominent venture capitalist and blockchain proponent Tim Draper has backed LA-based blockchain-focused venture firm. Goren Holm Ventures has received an invest
Artificial intelligence could wipe out 13,000 legal sector jobs
The adoption of new technologies such as artificial intelligence could lead to the UK legal sector shedding 13,000 jobs, according [...]
Corruption: EFCC recovers N217.2m in Benin Zonal office
Benin Zonal Office of the Economic and Financial Crimes Commission (EFCC) has recovered about N217,268,236 million between January and December.
Huawei announces that more devices will get HarmonyOS in 2020
Huawei has announced that it plans to bring HarmonyOS to more devices in 2020. Perhaps unsurprisingly, the firm said that it has no plans to ship it with smartphones and tablets at this time.
Peony (PNY) Achieves Market Cap of $21,714.00
Peony (CURRENCY:PNY) traded down 1.2% against the dollar during the 1-day period ending at 8:00 AM Eastern on December 9th. During the last week, Peony has traded 5.6% higher against the dollar. Peony has a market cap of $21,714.00 and $267.00 worth of Peony was traded on exchanges in the last 24 hours. One Peony […]
Magenta Therapeutics (NASDAQ:MGTA) Receives Neutral Rating from Goldman Sachs Group
Goldman Sachs Group reaffirmed their neutral rating on shares of Magenta Therapeutics (NASDAQ:MGTA) in a research note issued to investors on Friday, BenzingaRatingsTable reports. The brokerage currently has a $18.00 price objective on the stock. MGTA has been the subject of several other reports. ValuEngine cut Magenta Therapeutics from a hold rating to a sell […]
Things Are Going from Bad to Worse for Aurora Stock
Does Aurora Cannabis stock offer an intriguing, compelling trade? Yes. However, realistically getting to that point is a major problem.
Democratic candidate Warren discloses details of past legal work, showing $2 million in compensation
Democratic presidential candidate Elizabeth Warren released information on Sunday about her past legal work, showing nearly $2 million in compensation from dozens of clients, as a dispute intensified with her rival Pete Buttigieg over transparency.
Bloomberg Lists Top Cryptocurrencies of 2019: Bitcoin Comes in Second, With XRP And Stellar Lagging Behind
Bitcoin had a big 2019, with a 101% jump in price from $3,742 to $7,537 at time of publishing, according to CoinMarketCap. But despite its blockbuster performance, Bitcoin is not the number one crypto asset of the year, in terms of performance.
Smell and health worries over chicken farm plan
Opponents of a proposals to build a 120,000-chicken farm in Llangadfan say the area is already struggling to cope with intensive farming practices.
Saudi International Motor Show 2019 begins today
Saudi Arabia’s newly merged bank is reaffirming its commitment to inclusivity to mark UN’s International Day of Persons with Disabilities, observed globally on Dec. 3. For more than 10 years, Alawwal Bank and SABB have helped thousands of disabled people in the Kingdom, now as one bank, it aims to take new steps to further this legacy of support.
How a few common financial mistakes are costing small businesses
Stats and experts reveal that a few common mistakes in financial management are often proving to be heavy for small businesses all around. Some of the issues ar...
‘Who’s going to make the first move?’: Canada not alone in the Huawei dilemma
Nations around the world seek direction on whether to allow the Chinese company’s equipment into 5G networks
US FTC finds Cambridge Analytica deceived Facebook users
Impacts of finding on defunct consultancy unclear.
How to empower small businesses in Pakistan
Marketing, payments and logistics are essential for small businesses to have sustainable exports
New rule proposed for out-of-state medical marijuana users
PROVIDENCE, R.I. (AP) - Rhode Island agencies have proposed a new regulation on the sale of medical marijuana that would require out-of-state patients to present identification from their state as proof of residency.
GBP/USD price analysis: Cable hanging near seven-month highs below 1.3180 key resistance
The market is hanging near seven-month highs, flirting with levels last seen in early May 2019. In the New York session, the market is trading flat just above
Comstock Metals (CVE:CSL) Sets New 12-Month Low at $0.02
Shares of Comstock Metals Ltd (CVE:CSL) hit a new 52-week low on Monday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 100000 shares traded. The stock had previously closed at C$0.02. The firm has a market cap of $1.39 million and a P/E ratio of -0.30. […]
NSE raises Sh8.7mn to support cancer control initiatives
NAIROBI, Kenya, Dec 9 - The Nairobi Securities Exchange raised Sh8.7 Million in cash and in kind in its fifth annual Charity Trading Day bringing the total amount raised over the course of five years
Revolutionary Kenya-based Entrepreneur Who Beat World Bank to Global Prize
What made the win even bigger for him was that he had beaten huge players to the top prize, including...
Bitcoin Price Fills $7.5K Futures ‘Gap’ as Trader Weighs $8K Potential
Mixed performance over the weekend nonetheless failed to inject volatility into Bitcoin markets, with attention now focusing on preserving support at $7,400.
Premium economy to be launched on Britain’s railway
Avanti West Coast is developing plans to introduce a middle tier between standard class and first class.
Bitcoin Climbs 2 Spots on China’s Latest CCID Ranking
China's Center for Information and Industry Development once again published a new list of its crypto ranking index, pushing Bitcoin 2 spots higher than
A bold escape from a negative rate world
The Riksbank will be the first central bank in Europe to exit negative rates, which have fostered political and social discontent without any material economic recovery.
Ulta Beauty: A Truly Beautiful Story For Investors
The company's financial performance was solid during the quarter, driven by new product management.Skincare and fragrance were particularly strong, in our view.With shares reacting well to the earning
23 Enforcement Orders issued on Irish food businesses last month
The Food Safety Authority of Ireland today reported that during the month of November, 21 Closure Orders, and 2 Prohibition Orders were served on food busine...
Hormel: Great Dividend Grower, But Significantly Overpriced
HRL is a dividend aristocrat, with 50+ consecutive years of annual dividend increases.However, the company posted negative EPS growth in 2019 and analysts expect that trend to continue into 2020.HRL h
OKEx to Launch Crypto Options Trading Later This Month
Crypto exchange OKEx on Monday announced its plan to launch a crypto options trading platform.
Honda Refused To Reveal Stolen Accord's Location
Having your car stolen is one of the worst feelings in the world. The good news is that there are a lot of ...
Flooding reported across Gauteng and Mpumalanga as the rain continues to fall
After persistent rain, parts of Gauteng and Mpumalanga on Monday were affected by flooding according to reports from SAWS and social media.
McDonald's black franchisees are fighting to earn as much as their white counterparts, as dozens leave the company they once considered family, Business Insider - Business Insider Singapore
Business Insider - Over the past decade, black franchisees have seen the disparities between them and the rest of McDonald's franchisees grow.. Read more at businessinsider.sg
Popular country pub The Battleaxes given a zero food hygiene rating
The new owners are working to make improvements
Rosenblatt spews specs for six 'iPhone 12' models while reiterating Sell rating on AAPL shares
Rosenblatt Securities said Monday it believes Apple is working on as many as six different "iPhone 12" models -- including 'Plus' and 'Max' size variants of its 'Pro' series -- but nonetheless reiterated its sell rating on the company's shares, predicting impending share losses in China that won't be helped by a so-called 'iPhone SE 2.'
ACWA Power establishes new business unit in KSA
Nejree, an online sneaker retailer in the GCC, has raised $4 million in pre-Series A funding led by Alkhaila Investment Company, and Teejan Technologies Company. The new capital is expected to further fuel the Saudi-based startup’s expansion into new markets and investment in technologies to enhance online customer experience. The fund will also help to increase inventory,
South Carolina law lax on regulating foreign animals
CHARLESTON, S.C. — Mobs of kangaroos can roam largely unrestricted in Wisconsin, West Virginia and South Carolina, where state laws don't regulate ownership of the creatures.
4 Cybersecurity Stocks to Buy for Long-Term Gains
Secular tailwinds underpinning the cybersecurity market remain as favorable as ever, meaning these four cybersecurity stocks are good buys.
Zen Protocol (ZP) Hits Market Capitalization of $736,884.00
Zen Protocol (CURRENCY:ZP) traded 8.6% higher against the U.S. dollar during the 1-day period ending at 8:00 AM ET on December 9th. Zen Protocol has a market capitalization of $736,884.00 and approximately $2,007.00 worth of Zen Protocol was traded on exchanges in the last day. One Zen Protocol coin can currently be bought for approximately […]
Govt to set up Special Purpose Vehicle to monitor Kampung Baru redevelopment
KUALA LUMPUR, Dec 9 — A Special Purpose Vehicle (SPV) company will be set up to carry out the Kampung Baru redevelopment project, the Dewan Negara was told today. Federal Territories Minister Khalid Abdul Samad said so far, no developers had been appointed to carry out the project. He said the...
Infrastructure developers await law on PPP - VietNamNet
The National Assembly is working on an investment law on public-private partnerships (PPP) which investors hope will settle legal conflicts.
Patterson Companies (NASDAQ:PDCO) PT Raised to $22.00
Patterson Companies (NASDAQ:PDCO) had its target price hoisted by Robert W. Baird from $19.00 to $22.00 in a research report report published on Friday, AnalystRatings.com reports. Robert W. Baird currently has a neutral rating on the stock. PDCO has been the subject of a number of other reports. Wolfe Research set a $17.00 target price […]
Govt's Ksh400 Million Gamble That Backfired
A report tabled in Parliament from the Ministry of Foreign Affairs reveals an extra...
Scott Morrison doesn't know the meaning of productivity
Productivity won't save the economy when wages and demand growth have hit the floor.
UP govt clears plan to induct 700 electric buses in 14 cities across state
Singh said Rs 250 crore will be incurred in the operation of these buses of which Rs 120 crore will be realised through sale of tickets.
Tata Steel Asks LGBTQ+ Employees To Declare Partners, Avail HR Benefits
In a unique move, Tata steel on Monday asked their employees from LGBTQ+ community to declare their partners and avail HR benefits
Japan’s 2nd-Largest Utility Trials Blockchain for Renewable Energy Credits
The second-largest power utility in Japan is extending its trial of a blockchain-powered system for transacting renewable energy credits.
McDonald’s black franchisees are fighting to earn as much as their white counterparts, as dozens leave the company they once considered family
Many black McDonald’s franchisees say they consider the fast-food giant to be a sort of McFamily. They have “ketchup in their veins,” dreaming of passing locations of the fast-food chain down to the next generation.
South Africa hit by massive power cuts as floods disrupt supply
Worst outages in a decade after heavy rains cause power stations to fail
IN PICTURES: Nairobi Governor Mike Sonko’s day in court
- Kenya breaking news | Kenya news today | Capitalfm.co.ke
Gerard Detourbet, creator of the Renault Kwid and Duster, passes away
Gerard Detourbet was a mathematics professor who joined Renault in 1971 and helped bring to life most of firm's successful cars in emerging markets
Listed firm plans integrated property projects to weather bleak industry outlook
Bank Indonesia's policy to lower loan-to-value (LTV) ratios for mortgages by 5 percentage points, effective since Dec. 2, will likely improve the property sector.
Pensacola Attack Probed for Terrorism Link. Saudi Suspect Clashed With Instructor.
The investigation into the fatal shooting last week at a Navy training center in Florida was officially characterized as a terrorism inquiry Sunday as new details emerged about the Saudi air force trainee who killed three sailors on the base where he was a visiting student.As the FBI continued to conduct
A cancer-drug developer's stock just surged more than 100% after Merck agreed to a multi-billion-dollar takeover, Business Insider - Business Insider Singapore
Business Insider - Merck offered $20 per share in the all-cash bid, more than double ArQule's Friday closing price. The deal is expected to close in early 2020.. Read more at businessinsider.sg
Who Is Barry Berke? Judiciary Committee’s Lawyer Will Present Impeachment Case
A New York defense lawyer working for House Democrats, Mr. Berke has been an architect of their impeachment inquiry.
Labour group accuses Google of illegally firing workers to stifle unionism
Communications Workers of America union files federal labour charge.
Lies, damn lies and superannuation
It’s fair to say that Industry Super Australia (ISA) has a vested interest in raising the superannuation guarantee (SG) from the current 9.5% to 12%, since this would result in more funds under management to ‘clip-the-ticket’ on, and more fee revenue.
Plans to privatise BPCL suicidal for nation, says PSU officers' union
The officers union was not opposed to private competition but they should not be handed on a platter assets set up over years.
Risk rooted in colonial era weighs on Bahamas’ efforts to rebuild after Hurricane Dorian
It's now officially the end of hurricane season, but the rebuilding of the Bahamas continues, slowed by the risks imposed by a history of colonialism and class division.
SNC exec driven by greed?
The Crown has begun final arguments in the criminal trial of former SNC-Lavalin executive Sami Bebawi.
Fireangel Safety Technology Group (LON:FA) Sets New 52-Week Low at $9.50
Fireangel Safety Technology Group PLC (LON:FA) shares hit a new 52-week low during trading on Monday . The company traded as low as GBX 9.50 ($0.12) and last traded at GBX 9.50 ($0.12), with a volume of 1807590 shares traded. The stock had previously closed at GBX 12.75 ($0.17). The stock has a market capitalization […]
Swedbank rejigs management structure; Baltic banking head leaves
Mubasher: Swedbank announced on Monday that its chief risk officer will leave, in the framework of the Swedish lender’s plan to revamp its structure.
Near Space Labs releases high-resolution imagery API
Near Space Labs unveiled an application programming interface Dec. 9 offering access to high-resolution imagery captured by cameras on weather balloons.
How much do workers in Switzerland earn - and which jobs are the best paid?
Wages are high in Switzerland - which is just as well due to the sometimes prohibitive cost of living. But how much on average do Swiss people actually earn - and which jobs are the best paid?
General Motors pulls out of Russian car assembly business with Avtovaz deal
MOSCOW (Reuters) - Russia’s biggest automaker Avtovaz said on Monday it would buy out General Motors (GM.N) from their joint venture producing vehicles in Russia under the Chevrolet brand, effectively ending GM’s presence in car assembling in the country.
Biden blames staff, says nobody ‘warned’ him son’s Ukraine job could raise conflict
Former Vice President Joe Biden claimed in a new interview that when his son Hunter was a board member of Ukrainian energy company Burisma Holdings while he was in office, no one informed him that it could pose a problem.
The 5 Best Industrial Stocks to Buy for 2020
Assuming the economy avoids a protracted slowdown next year, these companies' catalysts could deliver strong gains for investors.
Kazakhstan plans more than $1 billion in fresh aid to banks: Sources
Kazakhstan plans to provide more than $1 billion in aid to at least four local banks after an asset quality review revealed holes in their balance sheets that require capital injections, two sources familiar with the plans told Reuters.
Documents show US leaders misled public on progress in Afghanistan War: report
Senior U.S.
West Virginians head to Canada to find affordable insulin
A group of West Virginians left the country Sunday in search of affordable insulin -- they went to Canada, where insulin prices are reported to be about a tenth of what it costs people in the United States.
Macron has failed to lift France's gloom
A nation distrustful of change cannot bring itself to look at the facts.
Buhari directs accountant-general, MDAs to make daily financial inflows public
Nigeria President Muhammadu Buhari on Monday directed ministries, departments and agencies of the government to publish daily treasury summary statements of financial inflows and outflows. President Buhari, represented by the Minister of State for Niger Delta, Tayo Alasoadura gave the directives at the official launch of the Financial Transparency Policy and Implementation Guidelines by the […]
Wole Soyinka withdraws Osinbajo award nomination over Sowore’s detention
THE Wole Soyinka Centre for Investigative Journalism (WSCIJ) said it has withdrawn the presentation of award to the Nigerian Vice President, Yemi Osinbajo following the Department of States Services’ (DSS) invasion of the court and repression of freedom of speech...
Amazon India bets on vernacular, voice & videos to help sellers boost sales
Amazon also announced its partnership with CII to conduct awareness workshops and training in pre-identified locations to enable small and medium businesses start their e-commerce journey.
SMBs’ Late Payments Pain Spreads Across Borders
Kenya, South Africa, Romania, the U.K. and Australia are all struggling with late invoice payments to small businesses, new data reveals.
Critical Comparison: Standard Chartered (OTCMKTS:SCBFF) & Hanmi Financial (OTCMKTS:HAFC)
Hanmi Financial (NASDAQ:HAFC) and Standard Chartered (OTCMKTS:SCBFF) are both finance companies, but which is the superior investment? We will contrast the two businesses based on the strength of their analyst recommendations, valuation, institutional ownership, dividends, profitability, earnings and risk. Profitability This table compares Hanmi Financial and Standard Chartered’s net margins, return on equity and return […]
Five arrested in Riau as authorities seize four Sumatran tiger fetuses in jar, dried skin
Authorities have arrested five suspected poachers and traders targeting Sumatran tigers, confiscating four fetuses of the endangered species and tiger skin during raids in Riau over the weekend.
ACP nations will defend multilateral trading systems – Kenyatta
NAIROBI, Kenya, Dec 9 - President Uhuru Kenyatta today said the African, Caribbean and Pacific group of nations will strongly defend multilateral trading systems in order to protect themselves from unfair trade practices. President Kenyatta said
‘Discussed weather’: Ajit Pawar on first meeting with Fadnavis after fallout
On Sunday, Fadnavis and Ajit Pawar shared the stage at the marriage ceremony of independent MLA Sanjay Shinde's daughter in Solapur district and were seen engaged in a 20-minute animated chat.
Slowdown blues to limit rise in job creation at 7% in October-March: report
Positive hiring outlook was reported in sectors like healthcare & pharmaceuticals, information technology, e-commerce and tech start-ups, educational services, KPO, power and energy, and logistics
Sweden to prosecute ex-China envoy over Gui meetings
Sweden's former envoy to Beijing is to go on trial for overstepping her duties by trying to negotiate the release of a Chinese-Swedish dissident held in China, prosecutors in Stockholm said Monday.
New 1.0 turbo-petrol engine to power Renault Triber, upcoming HBC SUV
Renault-Nissan will roll out its new 1.0-litre turbo-petrol engine in India in 2020. Click to know engine details and more.
17 habits of self-made millionaires who retired early, Business Insider - Business Insider Singapore
Business Insider - Early retirees tend to share the same habits when it comes to growing wealth, living their ideal lifestyle, and having a positive frame of mind.. Read more at businessinsider.sg
Minet Wins Insurance Brokerage of the Year Award
NAIROBI, Kenya, Dec 9 - Insurance brokerage firm, Minet Kenya has been voted the Best Insurance Brokerage Company of the year for 2019 at this year’s Think Business Insurance awards. The firm was also awarded the
Don’t Let China Win the Green Race
America should be leading the way on clean energy, not falling behind.
Raw sewage and rodents account for record food-safety closures
More restaurants closed or sanctioned by watchdog than any time in last 20 years
Elon Musk cleared in 'pedo guy' defamation trial
Tesla CEO said his faith in humanity is restored.
Kenneth Hayne's climate rebuke 'unfair'
Australia's biggest pure-play coal miner believes the High Court judge's criticism of Australian company directors on climate risk was unfair.
Warren made at least $1.9 million for past private legal work
Sen. Elizabeth Warren on Sunday night released new details about her time doing corporate legal work, a period going back more than 30 years in which she made at least $1.9 million from private clients.
Intertek Group (ITRK) – Analysts’ Recent Ratings Updates
A number of research firms have changed their ratings and price targets for Intertek Group (LON: ITRK): 12/9/2019 – Intertek Group had its “buy” rating reaffirmed by analysts at Deutsche Bank AG. 11/27/2019 – Intertek Group had its “neutral” rating reaffirmed by analysts at UBS Group AG. 11/27/2019 – Intertek Group had its price target […]
Gold Technical Analysis: The set-up seems tilted in favour of bearish traders
Gold regains some positive traction amid persistent trade uncertainty. The upside is likely to remain capped ahead of the FOMC policy update. Gold rem
Benchmark Lowers Harvard Bioscience (NASDAQ:HBIO) to Buy
Harvard Bioscience (NASDAQ:HBIO) was downgraded by analysts at Benchmark to a “buy” rating in a research note issued to investors on Monday, The Fly reports. HBIO has been the subject of several other research reports. ValuEngine cut Harvard Bioscience from a “buy” rating to a “hold” rating in a report on Tuesday, October 22nd. Zacks […]
Ghana considering ‘sea bus’ system to fight consistent traffic, here’s how
The Coastal Development Authority in Ghana has said that it is considering a proposal to develop a ‘sea bus’ system to promote transportation between coastal regions.
Dublin restaurant forced to close after live cockroaches were found on a container of nuts during food safety inspection
November was the worst-month ever for food safety with record numbers of FSAI orders.
Premium economy to be launched on Britain’s railway
Avanti West Coast is developing plans to introduce a middle tier between standard class and first class.
Mysterious Hackers Strike BMW And Hyundai
Cybersecurity is more important than ever not only for governments but also for global corporations, includ...
Sandler O’Neill Downgrades FB Financial (NYSE:FBK) to Hold
FB Financial (NYSE:FBK) was downgraded by investment analysts at Sandler O’Neill from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Monday, The Fly reports. Several other analysts also recently weighed in on FBK. Zacks Investment Research raised shares of FB Financial from a “sell” rating to […]
Beyond cricket and curry: India could be the next big thing
The India-Australia relationship has been a bit stuck - but it doesn't have to be that way.
Gladstone Land: It's Economics 101
Farmland is the perfect asset class because the lower supply of arable land leads to higher profitability for the most fertile farm.In turn, that leads to steady appreciation of value and rental growt
A2 Milk wanted a change agent but was rattled by Hrdlicka's speed
The sudden departure of a2 milk chief executive Jayne Hrdlicka has shocked investors but the discord between her and the board rendered the CEO continuing in the job impossible.
Boeing is promising 3 fixes to the faulty autopilot behind the 737 Max crashes to let pilots stop it forcing the plane into an unstoppable nose-dive
Boeing is promising three fixes for the faulty autopilot system widely attributed as a cause of two deadly crashes by the 737 Max plane, CBS News reported Sunday.
West Bengal one of the least corrupt states: Mamata
West Bengal has emerged as one of the least corrupt states in the country, Chief Minister Mamata Banerjee said on Monday citing a recent survey conducted in 20 states.
Jaded Gittins pleads for budget honesty
Via a demoralised Ross Gittins:
Turkey deports 11 French suspected IS members
ANKARA, TURKEY (AP) - Turkey has deported 11 French nationals who are suspected of being members of the Islamic State group, the Interior Ministry said Monday.
China tech/Lenovo: battle standard
Beijing should remember that all armies depend on their supply lines
Five major industrial fire accidents that shook the nation's conscience
Each of these mishaps snuffed out innocent lives, often due to negligence on the part of the authorities
Trade war goes digital: countries eye tariffs on Internet economy
Potentially forcing people to pay duties on software and movie downloads.
Trump warns North Korea's Kim has 'everything' to lose through hostility
US President Donald Trump has warned that North Korea's Kim Jong Un had 'everything' to lose through hostility towards the United States, after Pyongyang said it had carried out a major new weapons test.
Airasia sees non-airline segment as top earner
KUALA LUMPUR: AirAsia Group Bhd (AirAsia) believes the non-airline businesses under its subsidiary RedBeatVentures have the potential to outperform the airline business in the next two to three years.
Bitcoin Trading Volume in Argentina Hits New ATH As The President-Elect Announced New Cabinet
Bitcoin trading volume in Argentina has broken the all-time high record again at the start of December. It comes just after the new president-elect has
Suraksha Realty confident of acquiring Jaypee Infra, voting from Dec 10
Suraksha Realty is owned by Sudhir Valia, the brother-in-law of Sun Pharma promoter Dilip Shanghvi
Government defends R&D law changes
The Coalition will have a second crack at passing R&D reforms in February, but some companies are warning the proposals are insufficient and out of date.
North Korea warns ‘erratic old man’ Trump that it has ‘nothing more to lose’
North Korea released a statement warning President Trump that it has “nothing more to lose” after he condemned its recent missile tests.
3 Tax Mistakes You're Probably Making Today
If you're falling victim to these blunders, you're throwing money away or opening the door to problems you really don't need.
Tamil Nadu Couple Gets Bouquet Of Onion As Wedding Gift, Picture Goes Viral
In a picture that has now gone viral, a married couple can be seen holding the bouquet of onions while being surrounded by their friends.
Bitcoin, Ether, and XRP Weekly Market Update December 9, 2019
The total crypto market cap added $6.5 billion of value during the last seven days and now stands at $204.2 billion. The top 10 currencies are mostly in red for the same time frame with Bitcoin SV (BSV) and Litecoin (LTC) being the best performers with 7.6 and 4.5 percent of loses respectively. By the time of writing bitcoin (BTC) is trading at $7,505 while ether (ETH) stands around $150. Ripple’s XRP is trading at $0.228.
Credit Unions Find Opportunity In Payments Disruption
CULedger discusses credit unions' opportunity in payments innovation by being "rail agnostic" and supporting digital identity, data exchange and value exchange.
Paul Volcker, the towering former Fed chairman and economist, has died at age 92, Business Insider - Business Insider Singapore
Business Insider - Former Federal Reserve Chairman Paul Volcker has died. Volcker helped to rein in the US's persistent inflation problem and reset the economy.. Read more at businessinsider.sg
Bangladesh army chief begins four-day historic visit to Myanmar
TOKYO: Japan is weighing inviting Iran’s President Hassan Rouhani for a state visit, Prime Minister Shinzo Abe said Monday, as local media reported the trip was likely to happen this month. Japan has been trying to forge a possible mediator role as tensions rise between its ally Washington and Tehran. Local media has reported in recent days that Rouhani is likely to visit
Lennar (NYSE:LEN) Research Coverage Started at Goldman Sachs Group
Goldman Sachs Group initiated coverage on shares of Lennar (NYSE:LEN) in a research report released on Friday morning, 24/7 WallStreet reports. The firm issued a buy rating and a $71.00 price objective on the construction company’s stock. Several other research analysts have also issued reports on the stock. JMP Securities increased their target price on […]
ICPC discovers projects in Imo without contract agreement
A team of the federal constituency Project tracking in Imo state, led by the Independent Corrupt Practices Commission, ICPC.
Canada: Building Permits declined by 1.5% in October vs. +2.9% expected
The total value of Building Permits issued by Canadian municipalities declined by 1.5% to $8.3 billion on a monthly basis in October and fell short of
Oil bulls gearing up for a rally, but Trump may play spoilsport
Oil traders should remain cautious and not get too carried away by the Opec+ saga.
You too could have your nest egg looked after by Goldman Sachs
Bank to offer wealth management services to individuals with as little as $5,000
Canadian Fintech FlexPay Secures $6 Million Through Latest Investment Round Led By Impression Ventures
FlexPay, a Canada-based fintech that uses AI and machine learning to help merchants recover lost revenues from declined transactions, announced on Monday it sec
2020 Nissan Navara N-Trek Warrior pricing: from $62,990 drive-away, in showrooms now
Nissan Navara Warrior will undercut the Ford Ranger Raptor by up to $20,000, is thousands less than a HSV Colorado SportsCat and shadows Toyota HiLux Rugged X.
Petrol Price Reaches Rs 75 Per Litre, Diesel Crosses Rs 66 Mark, First Time in One Year
Though the diesel rate has been moderate, the price of petrol has been on the rise since November 9.
Obamacare back at the high court — with billions for insurers on the line
More than $12 billion is at stake for the nation's health insurers Tuesday when the Supreme Court hears another Affordable Care Act case.
Jobs of the future are clustering in a handful of US cities: Study
A new analysis of where "innovation" jobs are being created in the United States paints a stark portrait of a divided economy where the industries ...
Yahaya approves additional N550m for payment of gratuities to retirees
Gov. Inuwa Yahaya of Gombe State has approved the release of additional N550 million for the payment of gratuities to the state retirees...
Paul A. Volcker, Fed Chairman Who Waged War on Inflation, Is Dead at 92
Mr. Volcker helped shape American economic policy for decades, notably by leading the Federal Reserve’s brute-force campaign to subdue inflation in the 1970s and ’80s.
Pakistan’s population growth rate highest among neighboring Countries
ISLAMABAD, Pakistan: The National Assembly was told that with population of 218.326 million (projected) in 2019, Pakistan has become the 5th most Populous Country in the world, and its population growth rate is the highest among the neighboring Countries. In reply to a question by Pakistan Muslim League-Nawaz’s (PML-N) MNA Ms. Mehnaz Akber Aziz, the Minister for National Health Services, Regulations and Coordination told that in 2017, Pakistan was the 6th Most Populous Country in the world. The minister told that according to Housing & Population Census Report 2017, Pakistan’s population was 208.7 million, with population growth rate of 2.4% per annum. The national health services minister further told that on basis of the World Bank (WB) Report ‘Pakistan@100-Sharing the Future 2047’ published during March 2019, the Country Director World Bank claimed that with the present growth rate, Pakistan’s population will be 376 million after next 28 years, i.e. in 2047. Also Read: About 200,000 Pakistani pilgrims to perform…
Madrid-based Fintech StudentFinance Raises $1.27 Million in Seed Round Led by Seedcamp
StudentFinance, a Fintech firm launched by the founders of Uniplaces, recently revealed that it had secured €1.15 million (appr. $1.27 million) in seed fundin
Professor: Why Should the World Bank Take Orders from the United States?
US President Donald Trump criticized the World Bank’s decision to lend more money to China and said it needs to stop giving it loans after the international financial institution approved a new plan to aid China with $1 billion to $1.5 billion in low-interest loans annually through June 2025.
Sanders and Ocasio-Cortez say company seeking HIV patent extension 'deceitful and immoral'
Trump is urged to block company from holding back drug, Descovy, from the market
ORC Heavy Rainfall Update #8 - 9 Dec 2019
9 December 2019
Banks to quiz borrowers about Netflix, private school
Lenders should be asking customers to prove they can save money for loans by cancelling their Netflix subscriptions under new responsible lending guidelines.
AUD/USD struggles to recover despite modest USD weakness, trades around 0.6820
The AUD/USD pair snapped its four-week losing streak last week but seems to be having a tough time pushing higher on Monday. After moving sideways bel
US: CPI likely to post +0.2% mom increase – Deutsche Bank
According to Deutsche Bank analysts, the main highlight for the US markets is CPI release on Wednesday and the retail sales figures on Friday. Key Quo
Currency in circulation rises to Rs 21 lakh crore as on March 2019: Anurag Thakur
India Business News: Currency in circulation peaked to over Rs 21 lakh crore at the end of March 2019, having dipped to a mere Rs 13 lakh crore at the end of fiscal 2016-
Paul Volcker, the towering former Fed chairman and economist, has died at age 92
Paul Volcker, the legendary economist who served as the 12th chairman of the US Federal Reserve, died Sunday at the age of 92.
Unemployment high on list of Arab youth’s major concerns
DUBAI: The Arab world will face three major shifts in the next decade, adding fresh urgency to the task of tackling corruption and extremism across the region, the UAE’s minister of Cabinet affairs and the future said on Monday at the 12th Arab Strategy Forum (ASF) in Dubai. The three shifts will include a new economic reality, a revolution in information production, and an
Nvidia lawyer pushes court to dismiss cryptocurrency mining chip lawsuit
Graphics card manufacturer Nvidia is fighting to have a lawsuit dropped that alleges it misled investors over its failed cryptocurrency mining chip.
Azimut Exploration (CVE:AZM) Hits New 52-Week High at $0.50
Azimut Exploration Inc. (CVE:AZM) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as C$0.50 and last traded at C$0.50, with a volume of 40200 shares. The stock had previously closed at C$0.46. The company has a market capitalization of $26.11 million and a P/E ratio of -98.00. […]
Man pleads not guilty to murdering Japanese national
Mohamed Morei on trial over death of Yosuke Sasaki in Dundalk in January 2018
No proposal for education loans waiver, says govt
The government on Monday said there is no proposal under consideration for waiver of education loans. In the last three years from 2016-17 to March 2019, the amount of outstanding education loans
Eskom Predicts Two More Years Of Potential Load Shedding
Despite its efforts to minimise the risk of load shedding and repairing its power systems, Eskom said the country could experience two more years of power cuts. Speaking on the Gushwell Brooks show on Sunday, deputy spokesperson Dikatso Mothae said the power station units haven’t been properly maintained for a number of years. The power utility has […]
Boeing is promising 3 fixes to the faulty autopilot behind the 737 Max crashes to let pilots stop it forcing the plane into an unstoppable nose-dive, Business Insider - Business Insider Singapore
Business Insider - The faulty MCAS software, which was designed to push the plane's nose down to stabilize the jet, was a key factor in both 737 Max crashes.. Read more at businessinsider.sg
Wages killer: Skilled visa pay crashes below Aussie average
In the years leading up to the May federal election, the Morrison Government and its supporters used Australian Taxation Office (ATO) data to lobby against Labor’s policy changes to negative gearing, claiming that those earning $80,000 were ‘middle-income earners’.
ICICI Bank opens new center in Bahrain, offers retail, corporate banking
The bank already has a retail branch at the local Manama Centre, it said in a statement
5 things you need to know about the planned SkyTrain shutdown
Here's what you need to know right now about the planned SkyTrain strike scheduled to begin early Tuesday morning.
ISS recommends shareholders vote against Baker-led offer for HBC
TORONTO — An influential proxy advisory service is recommending shareholders vote against a takeover offer for Hudson's Bay Co. by a group led by the retailer's executive chairman.
Abe confirms visit to Japan by Iran's Rouhani under discussion
Prime Minister Shinzo Abe said a visit by Iranian President Hassan Rouhani is being considered, the first official confirmation that a trip by him could ta
New Zealand volcano eruption kills 5
The island volcano eruption also left 18 injured and several others stranded.
Marginal Rejig In GST Structure Can Be Combined With Income Tax Cuts
The right thing to do is to accept a slightly higher rate of fiscal deficit in the short run.
Ulta Beauty (NASDAQ:ULTA) Price Target Raised to $230.00
Ulta Beauty (NASDAQ:ULTA) had its target price raised by Nomura from $215.00 to $230.00 in a report published on Friday morning, BenzingaRatingsTable reports. The brokerage currently has a reduce rating on the specialty retailer’s stock. A number of other brokerages also recently issued reports on ULTA. Stifel Nicolaus dropped their price target on Ulta Beauty […]
A cancer-drug developer’s stock just surged more than 100% after Merck agreed to a multi-billion-dollar takeover
Cancer-drug developer ArQule spiked as much as 102% in early Monday trading after Merck said it would acquire the firm in a $2.7 billion takeover.
China to replace all foreign hardware and software at government and public institutions by 2022
Among several developments in the US-China trade war has been the latter's push to make itself technologically independent of the US semiconductor industry. A major step in this direction is an order passed by the Chinese Communist Party, to push…
-$0.31 Earnings Per Share Expected for Arlo Technologies Inc (NYSE:ARLO) This Quarter
Wall Street brokerages expect Arlo Technologies Inc (NYSE:ARLO) to post earnings of ($0.31) per share for the current quarter, according to Zacks Investment Research. Three analysts have provided estimates for Arlo Technologies’ earnings, with the lowest EPS estimate coming in at ($0.32) and the highest estimate coming in at ($0.29). Arlo Technologies posted earnings per […]
Global weapons sales up; US leads market
The global arms industry continues to grow with total sales up 4.6% last year, according to data from the Stockholm International Peace Research Institute (SIPRI) released Monday.
Nigeria, Iran in fresh talks over El-Zakzaky
Nigerian and Iranian governments are holding fresh talks on the leader of the Islamic Movement of Nigeria, Ibrahim El-Zakzaky. Iranian Foreign Ministry spokesman, Seyed Abbas Mousavi, on Sunday,...
FG to sign MoU with Russian firm on Ajaokuta
Godwin Isenyo, Kaduna The Federal Government will sign the Memorandum of Understanding with a Russian firm for the resuscitation of the multi-billion naira Ajaokuta Steel Rolling Mill in January...
A North Korea Crisis for Christmas
Gordon Chang: "There will be a year-end crisis this year, but it will be one that takes Pyongyang by surprise. All Kim needs to do is ask Xi Jinping what happens when Trump gets frustrated and loses
Sweden to prosecute ex-China envoy over Gui meetings
Sweden's former envoy to Beijing is to go on trial for overstepping her duties by trying to negotiate the release of a Chinese-Swedish dissident held in China, prosecutors in Stockholm said Monday. Anna Lindstedt is accused of brokering an unauthorised meeting during her time as ambassador to get
What To Remember From Ulta Beauty's Q3 Earnings
Ulta Beauty reported numbers that exceeded expectations and show that the growth deceleration is stabilizing.Ulta is outperforming its competitors significantly by improving customer satisfaction and
Global financial watchdogs take aim at Big Tech's data dominance
Could be forced to share data on financial services customers with banks.
7 Low-Risk Mutual Funds to Buy Now
An array of low-risk mutual funds spanning multiple asset classes are currently available to investors. Here are seven worth a look.
The decimation of Australian manufacturing
The latest quarterly data from the Australian Bureau of Statistics (ABS) has revealed in all its hideous glory the decimation of Australia’s manufacturing sector.
North Korea insults Trump as 'heedless and erratic old man' as tension rises
Pyongyang responds to tweets on denuclearization and says ‘the time when we cannot but call him a ‘dotard’ again may come’
Risky business: Why gov’t made sure Manila Water, Maynilad would earn
Part 2: What is 'onerous' now was logical before. Rappler looks at the history of how government enticed the private sector to take over water services.
Yahaya approves additional N550m for payment of gratuities to retirees
Inuwa Yahaya of Gombe State has approved the release of an additional N550 million for the payment of gratuities to the state retirees.
Caltex indolence invited takeover bid
Dozy oversight of cruising management has all but goaded a bidder out of the woodwork.
China to remove foreign tech from government offices amid US trade war
The policy — which reportedly affects both hardware and software — could strike a big blow to American tech companies such as Microsoft, HP and Dell.
Global stocks whacked as China export decline highlights trade war damage
LONDON, Dec 9 — Global equity markets were in a sombre mood today after Chinese export data highlighted the economic damage from the 17-month long trade war and re-focused attention on a crucial December 15 tariff deadline. The only big winner of the day was the British pound which surged to...
If You Haven’t Ditched NBEV Stock Yet, Now Is the Time
NBEV stock is an irredeemable loser. The CEO is selling shares and the company is in debt and losing money.
Menton: Government and FIFA intervention needed for FAI
Former FAI treasurer and general secretary Brendan Menton believes intervention from the government, FIFA and further support from UEFA is necessary to keep the FAI a going concern.
Trump a 'heedless and erratic old man,' North Korea says, after tweets about Kim Jong Un
North Korea took aim at President Trump on Monday, dubbing him a "heedless and erratic old man" after he tweeted leader Kim Jong Un wouldn't want to "void his special relationship" with him or the U.S. by interfering in the 2020 election by acting "in a hostile way."
Former Oracle Product Manager Claims He Was Forced Out For Refusing to Sell Vaporware
A former Oracle employee filed a lawsuit against the database giant on Tuesday claiming that he was forced out for refusing to lie about the functionality of the company's software. The civil complaint, filed on behalf of plaintiff Tayo Daramola in U.S. District Court in San Francisco, contends tha...
HSBC shakes up senior management after 'unacceptable' third quarter
HSBC has replaced its investment banking boss and group chief operating officer in a raft of changes due to take effect in 2020.
Tank: Chamber blasts Saskatoon budget despite business-friendly taxes
The business lobby group calls city hall's two-year budget 'disappointing' even though the city boasts a favourable commercial tax ratio.
Flashy Nairobi governor pleads not guilty to graft charges
Governor Mike, the latest top official to be hauled in on corruption charges in Kenya, is accused of having benefited from irregular procurement and payments of $3.5 million.
Analysis: FCMB is running out of time
Despite some of the transformations currently being recorded in the bank, success and consistency seem to be eluding it.
Firemen hailed as heroes in Delhi horror blaze
Two fireman who rescued 27 people were hailed as heroes Monday after Delhi's deadliest fire in decades killed 43, prompting outrage that safety regulations were yet again ignored.
‘Aathmeeyudu’ owns up improvement of hostels in Narayanpet
Officials from other departments deputed to find gaps and find solutions to bridge them
Ho, Ho, Ho, or No, No, No: Will BTC See a Santa Rally This Year?
Since its creation, the price of BTC has often seen sustained increases through the last week of the year. Could this year be different?
Tea Board considering new export cess to fund promotion and marketing
While the rate of the cess is yet to be finalised, sources say it could be around Rs 2 per kg of export
Land Rover reportedly lining up a $33,000 small SUV
A new report suggests that Land Rover could be lining up a $33,000 small SUV based on the new Defender to slot underneath the Discovery Sport. Also planned is a high-end battery-electric Defender Sport.
Entrepreneur Development Ministry, MTDC collaborate to prepare SMEs for digital technology
BANGI, Dec 9 — The Ministry of Entrepreneur Development (MED) has forged a cooperation with Malaysian Technology Development Corporation (MTDC) to prepare the small and medium enterprise (SME) to shift to utilise digital technology in their business. MED Secretary-General Datuk Wan Suraya Wan Md...
Low business confidence, less Christmas cheer
Paul Goldsmith - Finance
GRAINS-Soybeans at 2-week high as China tariff waivers add to trade hopes
* Soybeans up for 5th session on hopes of U.S.-China deal * China to exempt some U.S. soybeans, pork from tariffs * Wheat eases, corn little changed ahead of USDA data (Updates with European trading, changes byline/dateline) By Gus Trompiz and Naveen Thukral PARIS/SINGAPORE, Dec 9 (Reuters) - Chicago soybean futures rose for a fifth straight session on Monday to their highest in almost two weeks, after China's announcement last week about tariff waivers for U.S. soybean and pork encouraged hopes of a trade agreement.
Prosus increases its offer for Just Eat, with a new twist
The latest offer makes more sense and increases the chance of success.
M&S shares jump after Goldman Sachs hikes rating
Shares in Marks & Spencer jumped this morning after investment bank Goldman Sachs hiked its stock rating following improvement in the retailer’s troubled clothing and home division.
Opel CEO says brand has ‘reinvented’ itself and returned to profit...
Opel’s CEO says the German firm has “reinvented” itself under the PSA Group and is on track to achieve its target profit margin years ahead of schedule.
Prosus hikes hostile bid for Just Eat
LONDON, Dec 9 — Prosus, Europe’s largest consumer-tech company, said today it has hiked its hostile takeover bid for Just Eat, in an attempt to derail the latter’s merger deal with peer Takeaway.com. Prosus announced in a statement that it has lifted its bid to £74 pence per share or about...
Met Office say freezing temperatures, gales, heavy rain and huge waves on the way after Storm Atiyah
Hour-by-hour guide as more storms set to pummel region
10 things you need to know before the opening bell, Business Insider - Business Insider Singapore
Business Insider - This is what traders are talking about.. Read more at businessinsider.sg
‘Old man’ Trump is ‘bluffing’ says North Korea: KCNA
North Korea on Monday slammed US President Trump for "bluffing" and called him "an old man bereft of patience" as Pyongyang ramps up pressure on Washington over stalled nuclear talks.
Telecommunications: The bright spot in a fragile economy
The positive momentum in Nigeria’s telecommunications sector continued into the month of October
There’s No Scare In NSO’s Consumption Data; It’s All About Falling Costs Of Food And Health Services
Falling costs of food and healthcare seem to have contributed to the fall in rural household expenditure.
Paramilitary troops to soon don khadi uniform, Amit Shah issues directions
Samples of cotton and woollen uniforms, blankets and camouflage uniform, among others, for paramilitary forces have been developed by KVIC
Damages claim by Angela Kerins adjourned until January
A High Court claim for damages by former Rehab CEO Angela Kerins over her treatment by the Dáil Public Accounts Committee has been adjourned until January.
Mayors Ask Trump to Import More Refugees to U.S. for ‘Cultural Diversity’
In a letter to Secretary of State Mike Pompeo last month, about 88 mayors — from Denver, Colorado to Columbia, South Carolina — urged Trump to end his latest executive order
Delhi Blaze: Police Nabs Factory Owner After Delhi’s Deadliest Fire In 25 Years Killing 43 People
Labourers who died in Delhi fire were mostly from Bihar between the ages of 14 and 20
Aluminium firms seek cut in input duties as production costs, imports swell
Industry is dogged by inverted duty structure. While calcined petroleum coke import suffers 10%, finished aluminium attracts 7.5% duty. Caustic soda lye import is taxed at 7.5% versus 5% on alumina
OPEC reaches deal to cut oil production
The powerful Organization of the Petroleum Exporting Countries (OPEC) and its allies reached a deal Friday to cut production by 500,000 barrels per day in...
3 Big Stock Charts for Monday: Hanesbrands, Canada Goose, and Ball Corporation
Monday's big stock charts, including GOOS stock, highlight three names looking for direction and hoping for help from the broad market.
10 things you need to know before the opening bell
Here is what you need to know.
Construction Of Surat Metro’s First Phase Set To Begin In June 2020, Expected To Be Ready By 2024
The centre had approved funds for the construction of the first phase for Surat Metro in February this year.
North Korea resumes insults of 'erratic old man' Trump
A senior North Korean official called President Donald Trump a "heedless and erratic old man", resuming insults of the American leader that were set aside during a rare thaw in relations.
Ugandan based Somaliland businesswoman scoops top Award
Uganda’s foremost businesswoman Amina Hersi Moghe was over the weekend crowned the Entrepreneur of the year of Africa by the respected European CEO magazine. Moghe, born in Kenya of Somaliland parents has been an inspiration to women in East Africa where she has employed over 5,000 people in her different companies. This is an additional cap to her success. She scooped the 2008 Woman Investor of the year Award making her a remarkable woman. “This is a great honour not only to me but to the women of Africa. It shows just how women if given an opportunity and the right environment, can achieve so much,” she said. Somaliland Ambassador to Kenya Bashe Omar congratulated Ms Moghe saying she is one of the best ambassadors of Somaliland in the diaspora.
5 Reasons to Buy Aphria Stock Before Pot Stocks Start Moving Again
Aphria stock has taken a beating in recent months, but there are at least five reasons why Aphria shares could be headed higher soon.
Drunk raccoon stumbles around German Christmas market, then shot by local hunter
A drunk raccoon stumbled around a Christmas market in Germany on Saturday, according to police, who said the furry creature tripped around until it eventually fell asleep — before it was shot by a local hunter.
5 Bold Predictions for the Stock Market in 2020
Some scenarios that could play out over the next year.
Hero Electric partners with Punjab government to develop electric infrastructure
Hero Electric has announced a Rs 700 crore investment in its facility in Ludhiana to make the state of Punjab an EV hub. Head here more details.
SalamAir announces direct flight to Thailand
New route will operate three times a week
Hamas Chief Arrives in Turkey on First Leg of Foreign Tour
During his first trip beyond Egypt since 2017, Hamas leader Ismail Haniyeh is also scheduled to visit Malaysia, Russia, Qatar, Lebanon, Mauritania and Kuwait, Palestinian sources tell Turkish state media.
Turkey Not in Hurry to Buy Fighters From Russia, Hopes to Get Them From US - Turkish Defence Minister
Turkish President Recep Tayyip Erdogan stated in November after a meeting with his US counterpart Donald Trump in Washington that Ankara might purchase US Patriot systems, but it considers the US requests to get rid of Russia's air defence systems S-400 an infringement of its sovereignty.
Sweden charges former China envoy over dissident bookseller case
Swedish prosecutors said on Monday they had brought criminal charges against the country's former ambassador to China over unauthorized meetings in Stockholm aimed at freeing dissident bookseller Gui Minhai. Anna Lindstedt was replaced as ambassador in February amid a furore over her alleged role
Five dead, many injured after New Zealand volcano eruption
Five people were killed, 18 were injured and several more were left stranded after an island volcano popular with tourists erupted unexpectedly in New Zealand on Monday.
Silicon Labs Executing On Its IoT Opportunity, With Infrastructure Likely To Get Better In 2020
IoT continues to drive Silicon Labs' growth, and particularly its strong wireless portfolio, which saw better than 20% growth in the third quarter. Infrastructure is being held back by weakness in the
FG to sign MoU on Ajaokuta Steel in January 2020 — Minister
The Minister of Mines and Steel Development, Mr Olamilekan Adegbite has said that the Federal Government will sign a Memorandum of Understanding (MOU)...
High Court adjourns Angela Kerins' damages claim over PAC treatment
A damages claim by former Rehab CEO Angela Kerins over her treatment by the Dáil Public Accounts Committee has been adjourned at the High Court to January.
Revolt RV400 deliveries begin in Pune
Bookings for the RV400 began in June and the bikes will be delivered as per the booking sequence. Head here for the full story.
DNR Legislature More Aligned With Russia Than Ukraine - Donetsk People's Republic Parl't Speaker
Ukrainian authorities launched a military operation against the self-proclaimed Donetsk People's Republic and Lugansk People's Republic in April 2014. The two regions declared independence following a coup in Ukraine two months earlier. According to the latest UN data, some 13,000 people have fallen victim to the conflict.
The Russian Navy Has Some Problems
Yes, they received 23 new ships this year. That's where the good news ends.
Task team established to fight congestion at Cape Town port | IOL News
Western Cape MEC for economic affairs David Maynier said he has established a task team to solve ongoing congestion in the Cape Town port.
Hoping to reach trade agreement with US soon: China
Beijing hopes that it can reach a trade agreement with the United States that satisfies both sides as soon as possible, China's Assistant Commerce Minister Ren Hongbin said on Monday. Ren made the
In First Meeting With Putin, Zelensky Plays to a Draw Despite a Bad Hand
The presidents of Ukraine and Russia met face-to-face for the first time, seeking to end the war in their border region. It appeared to be a draw, rather than the Putin domination some had feared.
Palestinians in Bethlehem look beyond religious tourism
BETHLEHEM, Palestinian Territory - For decades, the people of Bethlehem have watched tour buses drive up to the Church of the Nativity, disgorge their passe
iDreamSky in Talks to Buy Gaming Company Leyou for $1.4 Billion
iDreamSky has entered negotiations for the takeover of Leyou Technologies and has reportedly submitted a $1.4 billion bid.
EUR/USD Technical Analysis: Flirting with daily tops, around 1.1075 region
The EUR/USD pair built on its intraday positive move and is currently placed near the top end of its daily trading range, around the 1.1075 region. Th
Erdogan accuses some Arab countries of being supportive of Israeli attacks against Palestine
BEIRUT, LEBANON (2:20 P.M.) – Turkish President Recep Tayyip Erdogan delivered a speech on Monday at he meeting of Ministers of Social Affairs of the Organization of Islamic Cooperation in Istanbul. During the meeting, the Turkish President accused some Arab countries of being supportive of Israeli attacks over the last few months, and Erdogan explained that the situation in Palestine is getting worse by the day. He continued by saying: “The Islamic world, which constitutes a quarter of the world’s population, does not have an effect equal to the size of its capabilities.” “We often feel that we stand alone when we object to the persecution of Palestine and Jerusalem.” He pointed out that global imperialism continues the policy of “divide and rule” against Islamic countries. The OIC Conference adopts several goals, the most important of which are to remove obstacles to increasing investments among OIC member countries, to encourage investments within the organization, and to increase the ease of doing business…
Ericsson pays $1bn to settle corruption probe
Networking giant reaches settelement following accusations of corruption by US authorities
Army helicopters sent in to rescue dozens stranded at Centurion hotel
The air force was called in on Monday to rescue numerous people trapped by flood waters as heavy rain continued to pelt Centurion and other parts of Gauteng.
SBI lowers MCLR based lending rates by 10 bps
Country's largest lender State Bank of India on Monday announced the reduction in its marginal cost of fund-based lending rate (MCLR) by 10 basis points across all one-year products, effective
Turkey hopes to still receive F-35 stealth fighters from US
It is premature to talk about Turkey’s purchase of Russian fighter jets as Ankara still expects to receive American F-35 aircraft, Turkish Defence Minister Hulusi Akar stated. “We must wait and see how things develop. Turkey is an independent state and it will do what it sees fit. If the US refuses to fulfil its obligations on the supply of F-35s, we can find other suppliers. Many planes are manufactured in the world, and finding an option is not a problem. But we want to cooperate with the United States because it is our partner”, Akar said on the television channel NTV. He added that Ankara has explained the situation to its American partners many times, and US President Donald Trump admits that it is the right thing. Earlier in December, US Senators Lindsey Graham and Chris Van Hollen sent a letter to Secretary of State Mike Pompeo telling him that patience with Turkey had long expired and asking the administration to apply Countering America’s Adversaries Through Sanctions Act (CAATSA) sanctions. Last month…
The daily business briefing: December 9, 2019
Democrats and the White House reach a deal on parental leave, Frozen 2 dominates the box office for a third week, and more
Hong Kong braces for wave of store closures after protests: HKRMA
HONG KONG (Reuters) - More than one in 10 retailers in Hong Kong could close down in the next six months as social unrest and sometimes violent protests deter tourists, threatening the survival of smaller operators, the city’s main retailing group said on Monday.
Uhuru appointed to lead 79 countries
Leader of leaders
Mulberry announces launch of 'first 100% sustainable leather bag'
Mulberry has launched a new handbag, the Portobello Tote, which it claims is 100 per cent sustainable. The bag, which retails at £795, was produced in the luxury fashion label's carbon-neutral
The Fed's liquidity problem hasn't yet gone away — and an abrupt shock may be looming in 2020, Business Insider - Business Insider Singapore
Business Insider - Even with hundreds of billions of dollars in new liquidity created out of thin air, it's too soon for the Fed to signal a clear coast for repo markets.. Read more at businessinsider.sg
Trump Has Urged the World Bank to Stop Lending Money to China
US President Donald Trump has called on the World Bank to stop lending money to China, BTA quoted Reuters as saying. This is his second strike on Beijing at a time when the two sides are continuing negotiations on a trade deal.
Stay away from YES Bank till fund raising takes place: Gurmeet Chadha
There is news that YES Bank may deny Erwin Singh Braichs offer. My sense is while the board recommended it, it is probably having a rethink on how it is going to work out with RBI. My advice to investors is to stay away from YES Bank till the fundraise actually happens. The frequent flip-flop is fast becoming a joke.
Record Black Friday for Livingston Designer Outlet as sales hit highest levels in 19-year history
A West Lothian shopping centre has cheered a record-breaking Black Friday weekend following a multi-million-pound refurbishment and re-brand.
2 Turkish Soldiers Killed while Defusing Bomb
At least two Turkish soldiers were killed and seven others were wounded on Monday while attempting to defuse an improvised explosive device, officials said. The device exploded in a village near the town of Idil, in the mainly-Kurdish populated Sirna
Massif Capital - Diamond Offshore Drilling Inc.
Diamond has been a painful investment for our portfolio.We invested too early in the cycle for offshore equipment, and the trough of the cycle has been extended beyond our modeled scenarios.We will ai
Japan PM Abe says visit by Iran's Rouhani being arranged
TOKYO — Japanese Prime Minister Shinzo Abe said Monday his country is arranging a visit by Iranian President Hassan Rouhani because it wants to play a greater role in resolving a nuclear impasse between Tehran and Washington and in relieving tensions in the Middle East, the source of more than 80% of Japan’s oil.
Bongino rips Biden for response to Ukraine allegations: Why does he think he's 'immune' from questions?
Fox News contributor Dan Bongino asked Monday why former Vice President Joe Biden seems to believe he's "immune" from having to answer tough questions over his son's business dealings with a Ukrainian gas company.
Minister urges shoppers to boycott ‘un-Australian’ Coles
Senior Nationals minister David Littleproud has called for shoppers to boycott Coles until it puts a 20-cent levy on all dairy products to help farmers.
Ask PolitiFact: Does a video show Joe Biden confessing to bribery? No
A reader asked,
Gary Kirsten open to helping South Africa and add value
Cricket News: With Cricket South Africa (CSA) looking down the barrel, former opener and coach Gary Kirsten could return to help the team in a mentor's role for the
AG William Barr told Trump that Rudy Giuliani has become a liability, The Washington Post reports
Attorney General William Barr counseled President Donald Trump that his personal lawyer Rudy Giuliani has become a liability for his administration, The Washington Post reported Sunday, citing people familiar with the conversations.
What Should Investors Expect From Advanced Micro Devices Stock in 2020?
Advanced Micro Devices stock more than doubled in 2019, but will its momentum carry into 2020? Here are a few things to know about AMD stock.
Zacks: Alamo Group, Inc. (NYSE:ALG) Given Average Recommendation of “Buy” by Analysts
Alamo Group, Inc. (NYSE:ALG) has been assigned an average broker rating score of 2.00 (Buy) from the two brokers that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a hold rating and one has issued a strong buy rating on the company. Brokers have set a 1-year consensus target […]
Bitcoin’s Chart Looks Eerily Similar to $3,000 Bottom; Is the Pain Over?
Is the bottom in? Since Bitcoin (BTC) fell precipitously to $6,600 late last month, analysts have been asking if the leading cryptocurrency has finally
Lack of Profitability Is a Significant Risk for Zillow Stock
A lack of profits has kept Zillow stock stuck in neutral for 3 years, and it looks like these profitability issues are here to stay.
Qatar state minister for foreign affairs arrives in Riyadh: QNA
DUBAI (Reuters) - Qatar’s minister of state for foreign affairs arrived in Saudi Arabia on Monday, state news agency QNA said, for a preparatory meeting ahead of an annual summit of Gulf Cooperation Council leaders that could see a thaw in a 2-1/2-year Gulf crisis.
Normandy Four summit: schedule
The schedule does not show a bilateral meeting with Russian President Vladimir Putin.
Analysts Set Huazhu Group Ltd (NASDAQ:HTHT) Price Target at $35.73
Huazhu Group Ltd (NASDAQ:HTHT) has earned a consensus rating of “Hold” from the eighteen research firms that are currently covering the firm, Marketbeat reports. Four analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have given a buy rating to the company. The average 1 year price […]
Winds Might Be Changing For Vestas
The company has grown fast in a favorable market environment, having a 5-year CAGR if 8%.Despite the record-high order backlog in Q3/2019, the company identified the impact of tariffs and increased ex
People banned from keeping cars at 'fire trap' flats but they can still live there
EXCLUSIVE: The Decks development is fitted with the same material that contributed to the devastating fire at The Cube student block in Bolton last month
Big Hit Entertainment denies 'News Room's claim that BTS sought legal advice regarding profit dispute
BTS is reportedly seeking legal advice against their agency Big Hit Entertainment.According to the December 9 broadcast of JTBC's news program 'News R…
10 things you need to know before the opening bell
Here is what you need to know.
We inherited N100b debts not N30b, says AbdulRazaq
Kwara State Governor AbdulRahman AbdulRazaq on Monday said that his administration inherited a sum of N100 billion debts from the former government of...
Garda air support on hand in fight against Christmas tree theft
The Garda Air Support unit will liaise with An Garda Síochána on the ground in tackling the theft of trees from Christmas tree farms.
Bihar: 34,549 water bodies, 19,739 roads encroached, govt survey shows
The survey was ordered after the maximum cases registered under the Public Grievances Redressal Act, 2015, were found to be encroachment-related.
Jumia to Cease Operations in Rwanda, Shuts Down Jumia Travel in Nigeria
Jumia is continuing with its optimization moves where they'll cease operations in Rwanda and shut down Jumia Travel in Nigeria
Four Rockets Hit Military Base Near Baghdad Airport
Six soldiers were wounded by the Katyusha strikes, and Iraqi forces discovered a rocket launcher and defused rockets nearby
SC partially lifts ban on construction activities in Delhi-NCR region
The apex court perused the affidavit filed by CPCB which said however that no construction should be permitted during 6 PM to 6 AM
Bitcoin Price Shows ‘Uncanny Resemblance’ to 2018 Breakout Pattern
BTC has hovered between bullish and bearish attitudes. But one chart analyst sees a possible scenario, as the bitcoin price action in the past months
Man suffers cardiac arrest in queue to get subsidised onion
With the onion prices touching Rs 180 per kilo in retail market, people have been making a beeline to the Rythu Bazaars where the government is selling onions at a subsidised price of Rs 25 per kilo.
Nigerian govt directs Accountant-General, MDAs to publish daily financial statements
The government will also publish monthly reports showing revenue receipts from all collecting agencies and payments out of the federation account.
African governments struggle to turn around loss-making airlines
However, Ethiopian Airlines has bucked the trend.
Pakistani FM, Saudi envoy discuss regional issues
ISLAMABAD: Pakistan army spokesperson on Monday rejected media reports suggesting that Pakistani and Iranian security forces conducted joint border patrolling. “News published by Dawn today ('Pak-Iran Forces jointly conduct border patrolling') is factually incorrect,” Director-General Inter-Services Public Relations (ISPR), Maj. Gen. Asif Ghafoor, said in a tweet. He added
Embattled governor of Kenya capital denies corruption charges
Sonko, a member of President Uhuru Kenyatta’s ruling Jubilee Party, said in a statement posted on his social media accounts on Sunday that his arrest was “politically schemed.”
Sask. syphilis outbreak continues as doctors struggle to find patients
Khan said he's worried by a newer trend driving syphilis infections: sex fuelled by crystal meth.
Man Loses House After Failing To Pay $8.41 In Property Taxes
An 83-year-old man has sued the government after losing his house over an outstanding debt of just $8.41 in property taxes
Flashy Nairobi governor pleads not guilty to graft charges
Governor Mike, the latest top official to be hauled in on corruption charges in Kenya, is accused of having benefitted from irregular procurement and payments of...
California fines CVS $3.6 million for failing to recycle
SACRAMENTO, Calif. — California is fining the nation’s largest pharmacy health care provider a record $3.6 million for failing to redeem deposits on bottles and cans at some of its locations, regulators said Monday. The California Department of Resources Recycling and Recovery, better known as CalRecycle, said its investigation found that 81 of CVS Pharmacy’s …
Shopify: Beware Of Deceleration
Shopify is up 160% year-to-date, crushing the S&P 500's year-to-date performance.While the company continues to put up record revenue each quarter, there are signs that we're seeing even more material
Palestinians in Bethlehem look beyond religious tourism
BETHLEHEM, West Bank (AP) - For decades, the people of Bethlehem have watched tour buses drive up to the Church of the Nativity, disgorge their passengers for a few hours at the traditional birthplace of Jesus, and then return to Israel.
Man who threw tear gas in Wajir gets bail
His three accomplices are still at large.
Beleaguered DR Congo rainforest attacked on all sides
An array of global and local NGOs are in a tense fight to save the rainforest, which lost an area twice the size of Luxembourg last year alone, according to Global...
FG to sign MoU with Russian firm on Ajaokuta January - Minister
The Federal Government will sign the Memorandum of Understanding with a Russian firm for the resuscitation of the multi-billion naira Ajaokuta Steel Rol...
Leading Saudi banks to maintain strong profitability – Moody’s
Riyadh – Mubasher: The three largest banks in Saudi Arabia, namely: National Commercial Bank (NCB), Al Rajhi Bank, and Saudi British Bank (SABB), are expected to maintain strong profitability and efficient cost structures, according to a report by …
Explained: The WTO’s dispute settlements mechanism is all but dead. This is why India should worry
Trump sees the WTO -- which seeks to ensure equal treatment for all its members -- as standing in the way of "America First", tying its hands when it tries to protect American workers or seeks to effectively employ the advantages of being the world's most powerful economy.
3 Big Things Today, December 9, 2019
Soybeans were higher in overnight trading on U.S.-China trade optimism.
Rate cap: Who between governor and banks will blink first?
Njoroge has a tough task of ensuring that in post rate capping regime, Wanjiku is protected from ravenous lenders
JNU fee hike: Students baton-charged by police as they march towards Rashtrapati Bhavan
The Jawaharlal Nehru University Students Union president said the police attacked the protestors brutally and detained many of them.
Supreme Court Weekly Round-Up
Consumer Forums/Commissions Cannot Consider Complaint/Appeal On Merits After Finding That It Is Time Barred [M/S. Singal Udyog V. National Insurance Company Ltd. & Ors.] The Supreme Court...
Traders want shops in temporary bus stand
They also demand new bus stand under Smart City programme
Israel Shares Its Connectivity Routes Allowing India to Bypass Strait of Hormuz
New Delhi (Sputnik): India has been taking steps to ensure the uninterrupted supply of energy including the deployment of its sailors and warships in the Strait of Hormuz. The situation arises against the backdrop of attacks on oil tankers amid tensions between Iran and the US.
China reportedly bans foreign technology in its government and public offices
China is reportedly planning to ban all government offices and public institutions from using foreign software and computers in a move that could dent sales by US tech companies and increase tensions at a crucial moment in the trade war.
Hungary’s Central Bank Issues Warning stating that Traditional Lenders Might Be Forced Out of Market Due to Competitive Fintech Firms
Some of Hungary’s financial institutions might be forced to exit the market as they may not be adequately prepared to continue to compete with challengers fro
Unconfirmed reports say an army commander is killed in a Borno bomb attack
An improvised explosive device (IED) reportedly killed a Nigerian Army commander after it exploded near his vehicle during a military patrol in Marte, Borno state. The incident was said to have occurred on Saturday, December 7.
Irish weather forecast: Met Eireann issues advisory as strong winds set to batter Ireland after Storm Atiyah chaos
There are fears that trees and structures weakened by Storm Atiyah could be damaged even further
Sanofi to acquire US biotech firm Sythorx $2.5bn
Mubasher: Sanofi on Monday said it will take over US biotechnology company Synthorx in a cash deal that valued the latter at $2.5 billion.
All Xinjiang de-radicalization trainees graduate, find jobs, lead happy life: official
Trainees who used to be influenced by extremism have all graduated from the vocational education and training centers in Xinjiang, a senior official with Northwest China's Xinjiang Uyghur Autonomous Region told reporters in Beijing on Monday.
Replacing the board won't fix crisis at Prasa, says Mbalula | IOL News
Transport Minister Fikile Mbalula said the crisis at Prasa could not be solved by replacing the current board with a new one.
Biden campaign attacks Trump policy on Saudi Arabia, North Korea
Democrat Joe Biden’s presidential campaign launched new attacks on Donald Trump on Sunday, advocating a reevaluation of U.S.-Saudi relations.
Democrats agree to sanction Trump's Space Force in exchange for paid federal parental leave
President Trump wants to have a full-fledged Space Force to tout in his re-election bid and Democrats want 12 weeks of paid parental leave for federal workers with newborn or newly adopted children, and if Senate Republicans go along, everyone will get their wish this holiday season, The Washington Post reports. Democratic lawmakers and the White House have tentatively agreed to a deal for a must-pass defense authorization bill that would give Trump his sixth branch of the military and Democrats the biggest expansion in federal benefits since Bill Clinton's presidency. Over several months of negotiations on the defense spending bill, Democrats and Republicans reached agreement on about 1,300 provision, but "the White House cared most about Space Force," a person familiar with the negotiations told the Post. Democrats used Trump's fixation on the topic to get the 2.1 million civilian workforce in line with benefits the military enacted in 2016. About a quarter of private companies in the U.S. offer paid parental…
New Zealand: Volcano eruption kills five, several missing
At least five people were killed, up to 20 injured and several were reported missing after a volcano suddenly erupted off the east coast of New Zealand's North Island on Monday, spewing a plume of ash thousands of feet into the air. More casualties were feared on White Island, where the volcano erupted at about 2:11 pm, police said.
Atrium Mortgage Investment (TSE:AI) Hits New 1-Year High at $14.39
Atrium Mortgage Investment Corp (TSE:AI)’s stock price hit a new 52-week high during trading on Monday . The stock traded as high as C$14.39 and last traded at C$14.33, with a volume of 30830 shares. The stock had previously closed at C$14.24. AI has been the topic of several recent analyst reports. TD Securities boosted […]
Putin set for landmark Paris talks on Ukraine conflict
Russian leader Vladimir Putin will hold formal talks Monday for the first time with his Ukrainian counterpart Volodymyr Zelensky over the conflict in Ukraine's east, at a highly anticipated summit in Paris.
EUR/CHF Could Find Upside In 2020
The euro has fallen against the Swiss franc over the majority of its life.However, the EUR/CHF interest rate differential remains in a positive position (on a central bank rate basis, the spread is po
U.S. Lobbyists Seek Brexit Deal That Raises Drug Prices, Shreds Consumer Safeguards
The Brexit deal may be a Trojan horse for U.S. corporate interests, from Silicon Valley and American pork to pharmaceuticals.
EU opens subsidies for electric battery push
The EU's powerful anti-trust authority on Monday approved billions of euros in subsidies from seven member states as Europe seeks to make up lost ground in batteries.
González anticipates new dialogue between the federal and local governments
Washington Resident Commissioner Jenniffer González thinks the end of the tax benefit should be negotiated
Climate protests across Europe as COP25 summit enters second week
Madrid, Paris, Brussels and London are among the European capitals to host climate change protests
Turkey repatriates 11 suspected Daesh members to France
Eleven terrorists of French nationality have been repatriated as part of Turkey's newly-introduced process of deporting former Daesh members who have taken...
Pound-New Zealand Dollar Forecast: Fighting to Hold 2.0 Level
There is a distinct possibility that GBP/NZD does in fact go lower as foreign exchange markets engage in 'buy the rumour, sell the fact' behaviour on the election result.
NSE asks investors to be careful in executing PoA with stock brokers
The latest communication comes against the backdrop of Karvy Stock Broking Ltd unauthorisedly transferring securities worth Rs 2,300 crore of more than 95,000 clients, into its account
New team to tackle stalled public transport services in Khayelitsha | Cape Argus
The Khayelitsha Development Forum has appointed its former chairperson Michael Benu to lead a task team to look into the state of public transport.
Official: China hopes for US trade pact as tariff hike nears
BEIJING (AP) - A Chinese official says Beijing wants a prompt settlement of its trade war with Washington.
Five dead, many injured after New Zealand volcano eruption
Five people were killed, 18 were injured and several more were left stranded after an island volcano popular with tourists erupted unexpectedly in New Zealand on Monday. Police said some 50 peop...
JNU Protest: These Metro Stations Resume Operations After Brief Shutdown
"Three metro stations in Central Delhi which were closed for over four hours following Delhi police directive now open," the (Delhi Metro Rail Corporation ) said in a statement.
‘There Were No Safety Features’: Outrage Follows New Delhi Fire
The blaze at an illegal factory in New Delhi was one of the worst in recent years. The victims were migrant laborers from poor villages.
A War with North Korea Would Bring Chaos to Millions. There Is Another Option.
Maximum pressure has failed and the cost of a military option is unacceptably high. A peace agreement is the only option.
YES Bank may reject $1.2 billion offer from Canadian investor
At a board meeting on Tuesday, YES Bank is expected to reject an offer from Canada's Erwin Singh Braich and Hong Kong-based SPGP Holdings to contribute $1.2 billion toward the fund raising
Hankook Tire CEO indicted on charges of bribery, embezzlement
Cho Hyun-bum, chief executive of Hankook Tire & Technology, South Korea's largest tire maker by sales, was indicted for taking bribes and embezzling corporate funds, prosecutors said Monday.Cho is suspected of receiving kickbacks worth around 600 million won (US$503,778) from subcontractors and siphoning off some 200 million won from Hankook's affiliated companies, according to the prosecutors' office. In January...
INS: 1pct growth in average gross nominal earnings in October
The average gross nominal earnings increased in October compared to September by 1 per cent, up to 5,090 lei, while the average net nominal...
‘I Don’t Know What He Was Doing’: Joe Biden Gets Defensive When Asked About Son’s Business Dealings
Former Vice President Joe Biden appeared defensive when Axios co-founder Mike Allen asked him during an “Axios on HBO” interview about his son’s business dealings in Ukraine.
QC councilors ask for longer work hours for traffic enforcers during Yuletide season
With the traffic congestion expected to worsen further this Yuletide Season, Quezon City officials have asked local traffic authorities to add two hours per shift to the schedules of the city’s traffic field enforcers to help lessen public inconvenience.
The Phantom Metric: What Really Drives U.S. Equity Valuations?
Investors continue to question whether US equity valuations are too high, particularly for growth companies and versus other global markets.The risk premium is a good gauge of market sentiment.Valuati
Canopy Growth names veteran Constellation executive David Klein as new CEO
SMITH FALLS, Ont. — Canopy Growth Corp. has named a veteran Constellation Brands executive as its new chief executive.
Ryanair again ranked among Europe’s worst polluters
Airline included in top 10 of continent’s biggest carbon emitters
EU approves state aid to develop car batteries industry
BRUSSELS (AP) - The European Union has approved 3.2 billion euros ($3.5 billion) in subsidies from seven member countries that want to develop the electric battery industry and challenge China's supremacy.
Mutual Funds’ asset base hit all time high of Rs 27 lakh crore on inflow in debt schemes
Mutual fund houses witnessed an overall inflow of Rs 54,419 crore last month as compared to Rs 1.33 lakh crore in October.
The Fed’s liquidity problem hasn’t yet gone away — and an abrupt shock may be looming in 2020
Even with hundreds of billions of dollars in new liquidity created out of thin air, it’s too soon for the Fed to signal a clear coast for repo markets.
PM Modi Pays Surprise Visit To Former Union Minister Arun Shourie At Hospital In Pune
Former IT minister Shourie has been a ferocious critic of PM Modi’s previous tenure in power.
EFCC recovers N3.6bn, 10 houses from suspected looters in Ilorin
The Ilorin Zonal office of the Economic and Financial Crimes Commission says it has recovered N3.6 billion and 10 houses from suspected looters...
Sweden’s former China envoy charged over detained HK bookseller
Anna Lindstedt alleged to have held unauthorised negotiations with foreign power
Flashy Nairobi governor pleads not guilty to graft charges
Nairobi, Kenya | AFP | The flashy governor of Nairobi on Monday pleaded not guilty to over 30 charges of money laundering, receiving bribes and conflict of interest in a court appearance held under tight security. Governor Mike , the latest top official to be hauled in on corruption charges in Kenya, is accused of having …
Turkey tackles power supply problems in liberated areas of N Syria
Turkey is dealing with a power supply problem in a recently liberated area in northern Syria after the PKK-affiliated People's Protection Units (YPG) were...
Bursa Malaysia ends lower on subdued sentiment
KUALA LUMPUR, Dec 9 — Bursa Malaysia finished lower today on subdued sentiments as weak export data from China, the country’s biggest trading partner, signalled weakness for the broader Asian economy. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 5.73 points to 1,562.71 from Friday’s...
Adityanath govt clears Rs 1,600 cr Ballia Link Expressway project
The four-lane expressway will connect UP-Bihar border district with Purvanchal Expressway; It is expected to be 35-40 km long and is likely to cost Rs 40 crore per km
NATO-China: New relationship challenges
This year marks the 70th anniversary of the founding of the North Atlantic Treaty Organization (NATO). Last week, leaders of its 29 member states gathered for a two-day summit in London. And for the very first time, the group in its joint statement named and mentioned China. As Jens Stoltenberg, the NATO secretary general, has…
Publish charges against ex-bank chiefs, Diezani, CSOs tell EFCC
A coalition of society organisations has urged the Economic and Financial Crimes Commission (EFCC) to publish the criminal charges against...
UPDATE 1-EU sets tariffs on Indonesia biodiesel imports over subsidies
(Adds details of case)By Philip BlenkinsopBRUSSELS, Dec 9 (Reuters) - The European Union confirmed on Monday that it will impose tariffs on imports of biodiesel from Indonesia to counter what it sees as unfair subsidies, concluding a case that has lasted seven years.The duties, normally in place for five years, have been set at between 8 and 18%, the same level as the provisional rates proposed in August.
How Swiss healthcare costs have 'doubled' since 2000
Recently released figures show that health insurance premiums have doubled in the past 20 years, with some Swiss households spending almost one fifth of their salary on healthcare.
BuzzFeed UK threatened with being dissolved over late accounts
The online media business is already more than two months late and risks fines unless it files its 2018 financial information soon.
31 rescued from B'Haram's den in Borno forest - The Nation Newspaper
Again troops have rescued thirty-one persons including fourteen women and seventeen children from a Boko Haram hideout in Malam Masari and Gabchari
Goldman Plans To Launch Robo Adviser Next Year
Goldman Sachs is planning to launch digital wealth management services to clients with as little as $5,000 in 2020 in the form of a robo adviser.
Viper Energy Partners LP (NASDAQ:VNOM) Receives $39.87 Average PT from Brokerages
Shares of Viper Energy Partners LP (NASDAQ:VNOM) have earned an average rating of “Buy” from the nineteen research firms that are covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, one has issued a hold recommendation, fifteen have assigned a buy recommendation and one has given a strong […]
Subprime lender Amigo’s chief executive and chairman quit
Departures follow move by founder James Benamor to reassert control of the business
Cloud Stocks: VMware Builds Up With Acquisitions
VMware's third-quarter revenues grew 12% over the year to $2.46 billion versus the Street estimate of $2.41 billion.For the fourth quarter, the company expects license revenue to grow 13% to $1.39 bil
How to free yourself from your parents money habits, and claim financial independence
If your family avoided financial topics, you may find yourself uncomfortable managing money.
Aspire Mining signs MoU on Ovoot coking coal project in Mongolia
Aspire Mining has signed a memorandum of understanding (MoU) with Sinosteel MECC to develop Mongolia’s Ovoot coking coal project.
Can a WhatsApp message lead to a binding contract?
An associate unpacks the legal implication of contracts set up via social outlets and what this means to South African law.
China's Plan for 6 Aircraft Carriers Just 'Sank'
China reportedly is slowing its plan to acquire two aircraft carriers for each of its regional fleets. Instead of speeding ahead with the development of a six-carrier fleet -- two each for the
Inheritance Tax rules could be changing. Here's 10 facts you need to know...
With potential changes in inheritance tax rules on the horizon, Ian Lowes, managing director of Lowes Financial Management, offers some advice
Putin set for landmark Paris talks on Ukraine conflict
No comprehensive peace deal is expected from the afternoon meeting -- mediated by French President Emmanuel Macron and German Chancellor Angela Merkel -- but diplomats hope that the exercise will help to boost trust between the two men.
SoftBank plans AI institute to aid businesses
SoftBank and The University of Tokyo teamed on a project to boost development of AI ...
Probe underway into $3.3M fraud at Telenor bank
Several employees at Telenor’s Pakistan-based Microfinance Bank were accused of helping scam the operation out ...
Top headlines: SBI's MCLR rate cut, Lodha India's richest realtor and more
This is the eighth cut in MCLR in this financial year and follows a 5 bps reduction last month
Yes Bank yet to approve Blackstone's buyout of Coffee Day's tech park
Shares of Coffee Day extended decline to as much as 14.5% in Mumbai, which is the biggest drop since July 31.
Delhi pollution: SC partially lifts ban on construction, allows work only during day time
Earlier in November, the apex court imposed a ban on all kinds of construction work in view of the rising pollution levels in Delhi. This is the longest construction ban that has been enforced in winter months for the past few years.
Japan PM Abe discussing Japan visit by Iranian President Rouhani
TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe said on Monday that Tokyo is in discussions about a visit to Japan by Iranian President Hassan Rouhani this month, an attempt to try to resolve Iran’s nuclear impasse with the United States.
Tighter climate policies could erase $2.3 trillion in companies value: report
LONDON (Reuters) - Tighter government climate regulations by 2025 could wipe up to $2.3 trillion off the value of companies in industries ranging from fossil fuel producers to agriculture and car makers, an investor group warned in a report.
How global cities are promoting sustainability and helping to fight climate change - CityAM
The 2016 Paris Agreement gave the world a sense of hope that politicians could work together to limit temperature rises [...]
Gold clings to modest gains above $1460 level, lacks follow-through
Gold edged higher on the first day of a new trading week and recovered a part of Friday's post-NFP slide to multi-day lows. The latest US monthly jobs
We are placing Prasa under administration – Mbalula
The minister has dissolved the interim board with immediate effect and Bongisizwe Mpondo has been appointed administrator.
Moonday Mornings: IRS readies to tax your cryptocurrency — no matter what
It's the start of another week and that means it's time for Hard Fork's wrap-up of the weekend's top cryptocurrency and blockchain headlines.
Screams and goodbyes as scores die in devastating India factory fire
Police and fire officials said they had rescued at least 58 people and did not expect to find more bodies.
City regulator toughens up financial accountability rules after scandals
Tougher accountability rules have today been extended to cover around 47,000 firms as the financial watchdog seeks to clean up the City’s reputation.
Tech, climate change creating new inequalities: UN
A new generation of global inequalities fueled by climate change and technology could trigger violence and political instability if left unchecked, the United Nations warned on Monday. Climate change
India moves up one spot in human development index: UNDP report
India is ranked 129 out of 189 countries according to a report by the United Nations Development Programme.
Malaysians spend 70pc of monthly income on goods, housing and transport, says minister
KUALA LUMPUR, Dec 9 — Almost 70 per cent of Malaysians’ monthly income are spent on goods, housing and transport, Domestic Trade and Consumer Affairs Minister Datuk Seri Saifuddin Nasution Ismail said. Based on a World Bank Group report, the cost of living shouldered by Malaysians was mainly...
Late payments: Firms wait twice as long for cash in 2019
The UK’s small and medium-sized businesses are being stretched by customers failing to pay them on time, according to a [...]
Ericsson will pay a yard to settle bribery charges
The judge could not be Swede into letting them off
Singapore's Tamil community over 2,000-year old: Book
The Tamil community has been present in South East Asia and Singapore for more than 2,000 years, according to a new book which explores the lesser-known aspects of Tamil history and heritage.
Vistara signs codeshare agreement with Lufthansa
India Business News: Vistara has entered into a codeshare pact with German airline Lufthansa, the sixth such agreement with an international airline as the domestic full s
NTMA to borrow less next year as repayments in focus
Agency sold €15.4bn of long-term bonds this year, at the lower end of its full-year target
Freeland heads to Mexico in effort to finalize new NAFTA revisions
OTTAWA — Deputy Prime Minister Chrystia Freeland is to meet American and Mexican officials in Mexico City on Tuesday amid reports a deal to revise the new North American free-trade agreement is close. . .
TDP chief Chandrababu Naidu protests against onion price hike
This action by the police led to a verbal altercation between them and TDP leaders.
Sri Lanka to use Wolbachia bacteria to control Aedes mosquitoes
By NewsDesk @bactiman63 Sri Lankan health officials have reportedly taken steps to introduce Wolbachia bacteria into the environment starting in February. The pilot project is to be carried out in Colombo and Nugegoda. Bacteria are to be released in 25 Grama Niladhari Divisions around Colombo, Deputy Director General of the Ministry of Health Dr. Paba …
IIT-Madras placements phase-I concludes with 848 offers, most from core domain
Most offers, in the phase I, were made by Micron Technolgy India operations with 31 offers followed by Intel and Microsoft with 20 and 19 offers, respectively.
Unicorn Scooter Company Finds Profit To Be A Mythical Beast
It takes a special kind of audacity for your startup to be successful, and a special kind of audacity to name your startup “Unicorn”. Sadly, the overlapping of those two audacious circles did not spell success for one scooter company....
Massive US military convoy arrives base in western Iraq: media
BEIRUT, LEBANON (12:20 P.M.) – A massive U.S. military convoy reportedly arrived in western Iraq this week amid recent attacks carried out near their installations inside the country. According to Al-Sumaria TV, the U.S. military convoy consisted of 500 vehicles that entered Iraq from neighboring Jordan. The U.S. military convoy reportedly reached their final destination at the ‘Ayn Al-Assad Base in Iraq’s Al-Anbar province. No further details were released regarding the alleged U.S. military convoy. Last week, a rocket attack was reported near the ‘Ayn Al-Assad Base in the Heet District of Al-Anbar – no one claimed responsibility for the projectile fire.
Almarai names Majed Nofal as CEO
Riyadh – Mubasher: The Board of Directors of Almarai Company announced the appointment of Majed Mazen Nofal as the company’s new CEO. The decision will be effective starting from the beginning of January 2020, according to a company statement to …
Here's why Saudi Aramco's stock is unlikely to plunge on its debut
From bonus shares to a fat dividend, there's a lot to underpin the price, at least initially
Feds charge Volkswagen with violating environment law for faking emissions tests
OTTAWA — German auto giant Volkswagen appears ready to strike a plea deal with Canada after being charged Monday for allegedly importing cars into this country that company executives knew violated . . .
Include Shia Muslims in Citizenship Amendment Bill, Shia Central Waqf Board urges Centre
The board alleged that Shias were persecuted in Sunni-majority countries such as Pakistan, Afghanistan, Syria, Bangladesh and Saudi Arabia.
Graft trial for Syrian President Assad’s uncle opens in Paris
PARIS: The uncle of Syrian President Bashar Assad is going on trial in Paris, accused of illegally using Syrian state funds to build a French real estate empire. Rifaat Assad, a former Syrian vice president and brother to longtime leader Hafez Assad, has lived in Europe since his exile from Syria following a failed coup attempt in the 1980s. Watchdog organizations filed a
Yes Bank likely to reject $1.2 bn offer from Canadian tycoon Erwin Braich
At a meeting on Tuesday, the board is expected to reject an offer from Canada's Erwin Singh Braich and Hong Kong-based SPGP Holdings to contribute $1.2 billion toward the fund raising
LTA awards S$210 million contract for Jurong West, Bahar Junction MRT stations
SINGAPORE: Two Jurong Region Line stations will be designed and constructed by the Singapore branch of China Railway 11 Bureau Group, the Land ...
ECB to leave the interest rates unchanged this week – Deutsche Bank
Deutsche Bank analysts suggest that the market is expecting no changes in interest rates from the ECB this week but the meeting will be closely watche
GE Stock is a Buy as CEO Larry Culp Addresses the Mess He Inherited
GE stock holders may have been disappointed with the decision to keep the dividend at a penny. But the new CEO is running a marathon, not a sprint.
Hotels and restaurants in East of England 'at heightened risk of insolvency'
The East of England's agricultural sector is healthier than most other parts of the UK - but construction, hotel and restaurant businesses are at heightened risk, a report suggests.
Crypto Payments Now Legal in Ukraine
Lawmakers in Ukraine have adopted new legislation that legalizes crypto payments as the country moves forward with strict compliance to international
Blockchain, A Four-Time Waltz: Bitcoin, Ethereum, Libra & the CBDCs – The Need for a New Balance
We have deliberately chosen to limit our presentation, for pedagogical reasons, to the four fundamental periods represented by the emergence of Bitcoin, Ethereu
The case against Mike Sonko
A breakdown of the specific charges the Nairobi governor faced.
A British oil stock tanked 60% after the shock resignation of the CEO and head of exploration
Tullow Oil, a British oil company, tanked on Monday morning after the company announced the resignation of its CEO and exploration director as well as cutting its production guidance. Tullow’s board also suspended its dividend.
Swelling U.S. IPO backlog points to crowded 2020 field
(Reuters) - More and more companies are putting plans for U.S. initial public offerings (IPO) on ice this year because of investor pushback against their valuations, creating a backlog that could make stock market debuts more challenging in 2020.
Dollar holds ground as central bank meetings loom, pound jumps
LONDON, Dec 9 — The dollar held its ground today thanks to last week’s stronger-than-expected jobs data, although worries about US/China trade talks kept gains in check, while Britain’s pound jumped on the latest polls ahead of this week’s election. Sterling hit a fresh 2-1/2 year high...
Ganduje appoints Sanusi as new Emirate Council chair for two years
Ted Odogwu, Kano Kano State governor, Dr Abdullahi Ganduje, on Monday appointed Emir Mohammed Sanusi, as the pioneer Chairman of the new State Council of Emirs for a period of two years. The...
NZD/USD consolidates last week's gains, trades above mid-0.65s
The NZD/USD pair registered one of its largest weekly percentage gains last week as it added more than 140 pips to close at 0.6563. However, with inve
Met Office warns of power cuts when high winds hit Derbyshire
Winds could reach up to 60mph
Tiger skin, foetuses found in Indonesia poacher case
The skin of a critically endangered Sumatran tiger and four foetuses have been confiscated after the arrest of several suspected poachers, Indonesian police said.
Explained: How govt proposes to regulate the dismantling of ships
Under the proposed law, ships will be recycled only in authorised recycling facilities. An application to authorise such a facility must be submitted to the Competent Authority notified by the central government, along with a ship recycling facility management plan and the prescribed fee.
Sensex falls 70 pts in early trade; banking stocks drag
Equity benchmark BSE Sensex on Monday fell over 70 points in early trade, dragged mainly by losses in financial and banking stocks amid persistent foreign fund outflows. The 30-share index was
Chong: Sugar supply liberalisation will benefit consumers in the long run
KUCHING, Dec 9 — The liberalisation policy on sugar supply in Sarawak will not result in an immediate effect to the price of the commodity but will definitely benefit consumers in the long term, Domestic Trade and Consumer Affairs Deputy Minister Chong Chieng Jen said today. He said the policy,...
NSW fires: state faces 'lethal' conditions as temperatures forecast to soar past 40C
RFS commissioner says despite lower wind speed on Tuesday, high temperature and low humidity will make it a ‘difficult day’ with the New South Wales bushfires
Oil firms roll back prices
EFFECTIVE at 6 a.m. today, major and independent oil firms will implement a price rollback of their petroleum products in slightly different amounts.
India moves from 130 to 129 in human development index: UNDP report
In India, 27.1 crore people were lifted out of poverty from 2005-06 to 2015-16, UNDP India resident representative Shoko Noda said. India ranked 130 last year. The steady progress was due to nearly three decades of rapid development, which had seen a dramatic reduction in absolute poverty, along with gains in life expectancy, education, and access to health care, she said.
A British oil stock tanked 60% after the shock resignation of the CEO and head of exploration
Tullow Oil, a British oil company, tanked on Monday morning after the company announced the resignation of its CEO and exploration director as well as cutting its production guidance. Tullow’s board also suspended its dividend.
India makes modest progress in Human Development Index, fares poorly in gender equality
In India, 27.1 crore people were lifted out of poverty from 2005-06 to 2015-16. The steady progress was due to nearly three decades of rapid development, which had seen a dramatic reduction in absolute poverty, along with gains in life expectancy.
Bakery owner 'devastated' by demolition, says city must police absentee landlords
As Susan Adamucci drove her 12-year-old son to school last Wednesday, she heard on the radio that a building was in peril in downtown Buf...
Meralco bills go up this month
ELECTRIC consumers will pay again higher electricity bills this December as the Manila Electric Company (Meralco) will implement a power rate increase.
Graft trial for Syrian President Assad’s uncle opens in Paris
Brussels: European Union foreign ministers debated Monday how to respond to a controversial agreement between Turkey and Libya that could give Turkey access to a contested economic zone across the Mediterranean Sea. The maritime border deal, endorsed by the Turkish parliament last week, has fueled tensions in Turkey’s long-running dispute with Greece, Cyprus and Egypt over oil
New Age Beverages Stock Remains a High-Risk, High-Reward Situation
NBEV stock could rise by seven-fold from here, but it's far more likely that shares remain weak thanks to glaring profitability issues.
Payday firms offer loans @ 500%
India Business News: NEW DELHI: They are banned in 15 states in the US, China has capped the interest they can charge and consumer groups in European countries are fightin.
'Old man' Trump is 'bluffing' says North Korea: KCNA
North Korea on Monday accused US President Trump of
Greece Refuses US, French Extradition Requests for Russia's Vinnik - Russian Ombudswoman
MOSCOW (Sputnik) - A Greek court has refused to extradite Russian national Alexander Vinnik, who has been in detention since 2017 and is wanted by several countries, to the United States and France, with a decision on Russia's relevant request yet to be made, Russian ombudswoman Tatiana Moskalkova stated.
Thousands Protest In Russia's Northwest Against Becoming Moscow's Dumping Ground
Thousands have rallied in the northwestern Russian town of Kotlas against the construction of a new landfill for waste from Moscow.
Desert to Power Initiative gains momentum in Burkina Faso
AfDB has approved $54 million loan to the government of Burkina Faso for the Yeleen solar plant, which forms part of the Desert to Power Initiative.
Cooper Energy poised to get its Sole, Downer leaves site
Cooper Energy is close to unlocking gas from its Sole project in south-eastern Victoria.
Ramaphosa Pledges Tough Love for Ailing South African Firms
(Bloomberg) -- Sign up to our Next Africa newsletter and follow Bloomberg Africa on TwitterPresident Cyril Ramaphosa said he’s ready to make tough decisions about the future of South Africa’s struggling state-owned companies, after placing the national airline into bankruptcy protection last week.“Business
Useful tips and tricks to deal with load shedding | IOL News
As South Africans brace for a dark festive season, experts have offered useful tips and tricks to help deal with ongoing load shedding.
Wole Soyinka Centre postpones honour for Osinbajo over Sowore
Chima Azubuike, Gombe The Wole Soyinka Centre for Investigative Journalism has postponed the presentation of the award to Vice President, Yemi Osinbajo. According to a statement signed by Mot...
China's pig herd expands by 2% in November vs October - ministry
BEIJING — China’s pig herd increased by 2% in November compared with the prior month, the Agriculture Ministry said on Monday.
US confirms Washington visit by Russian foreign minister
US Secretary of State Mike Pompeo will welcome his Russian counterpart Sergei Lavrov on Tuesday - the Russian's first visit to Washington since a ...
4 AM Wake-Up Call
Right off the bat, we saw an almost 850-point drop in the Dow Jones from Black Friday until Tuesday as President Trump was quoted as saying that he saw the chances of a trade deal lessening.The tariff
China's Pig Herd Rises for First Time in a Year in November
China's pig herd increased by 2% in November compared with the prior month, the agriculture ministry said on Monday, the first increase in a year.
FOMC to leave the target range unchanged – NBF
According to analysts at National Bank Financial, the highlight of the week will be the central bank’s monetary policy meeting in the US. Key Quotes “
Kenney and cabinet ministers in Ottawa to meet federal counterparts
Alberta Premier Jason Kenney and eight of his cabinet ministers will be in Ottawa today as part of a trip to meet their federal counterparts.
U.S. Dollar Czar: “No Need” for Fed Issuing Digital Dollar in Next 5 Years
In recent weeks, there has been growing talk among influential U.S. figures concerning the prospects of "digitizing" the dollar via blockchain technology.
Ramaphosa roasted after ‘tone-deaf’ Eskom letter
The president visited Medupi for the first time, calling it a 'fitting symbol of the importance of our state-owned enterprises'.
Nigeria's weak operating environment is still a challenging factor for the banking sector
Moody's Investors Service has said that Nigeria's weak operating environment posed a challenge to the banking sector in maintaining the recent improving trend, particularly as regards asset quality, given the increasing bank lending.
Slowdown only cyclical, India's growth potential not lost: Chief Economic Advisor
Subramanian said that there was, needless to say, a slowdown in the economy but it needs to be assessed whether it was structural or cyclical in nature. Indias GDP growth in Q1 of the current financial year, fell to a 6-year low of 5%, while Q2 slowed down further to 4.5%. The Reserve Bank of India has also lowered its GDP forecast for 2019-20 from 6.1% to 5%.
BuzzFeed UK threatened with being dissolved over late accounts
The online media business is already more than two months late and risks fines unless it files its 2018 financial information soon.
Benefit claimants hit out at 'patronising' £10 Christmas bonus that hasn't gone up for 40 years
Those on benefits who qualify for the annual bonus launch savage attack on scheme and say they'd rather be left in peace than have the stress of a DWP envelope dropping through the letterbox
Elizabeth Warren Built the Consumer Financial Protection Bureau. It Became a Revolving Door.
When Sen. Elizabeth Warren (D-MA) began staffing up the Consumer Financial Protection Bureau in 2010 and 2011, she did something that appeared, at first blush, to be highly counterintuitive. Instead of limiting staff to those with extensive background in consumer activism and regulatory policy, she chose
Beleaguered DR Congo rainforest attacked on all sides
Kisangani, DR Congo: Lush rainforest covers millions of hectares of the Democratic Republic of Congo, a central part of Earth's natural defence against global warming -- but it is under severe threat from a perfect storm of mismanagement and corruption.
Wa Iria party wants Helb loans waived
Mwangi urges Helb to stop charging interest on student loans.
WTI drops 1% towards $ 58.50 amid trade tensions, weak China exports
WTI (oil futures on NYMEX) is down over $1 from three-month highs of 59.85 reached last Friday after the OPEC and its allies (OPEC+) agreed to deepen
Grave danger
SAYING that inexperienced motorcycle taxis with no track record will put commuters’ lives in danger, the Lawyers for Commuter Safety and Protection (LCSP) filed a petition for injunction with application for a temporary restraining order against five motorcycle taxi companies hoping to penetrate the market.
French-listed behemoth Elis weighs bid for Spotless Laundries
French behemoth Elis is weighing a bid for Spotless' commercial laundries business.
10 CLSA India employees may join Jefferies: ET NOW
CLSA analysts Mahesh Nandurkar and Ashish Agrawal are among those employees who are making the switch.
State AGs To Fight T-Mobile-Sprint Merger In Federal Trial
Antitrust News: A group of state attorneys general are getting set to fight against the T-Mobile and Sprint merger in an unprecedented federal trial.
Share market highlights: Sensex ends 43 points up, Nifty near 11,950; TCS, HCL Tech top losers
Share Market News Today | Sensex, Nifty, Share Prices LIVE: The headline indices Sensex and Nifty ended marginally higher on Monday afternoon, amid volatility.
Why I'm a libertarian defeatist about Medicare-for-all
America's health-care system isn't worth defending and a free market alternative is never going to happen. What's a libertarian to do about Medicare-for-all?
Even Attorney General Barr is reportedly warning Trump to dump Rudy Giuliani
Rudy Giuliani's late-career taste for wealth led him to lucrative foreign consulting work, and those business ties apparently prevented him from becoming secretary of state after he helped get his old friend Donald Trump elected president in 2016, The Washington Post and The New York Times recount. But Giuliani joined the president as an unpaid personal attorney in 2018, the Times adds, and since then, "step by step, he has escorted President Trump to the brink of impeachment." Without Giuliani's "push for money and frank yearning for relevance, the Trump Ukrainian initiative might never have amounted to much more than presidential tweetstorms," and Trump wouldn't be weeks from impeachment, the Times reports. Yet Giuliani was back in Ukraine last week, still publicly digging for (or trying to will into being) dirt on Democrats. Trump seems on board, but his staunchest allies aren't sure what to make of it. "It's weird that he's over there," Rep. Matt Gaetz (R-Fla.) told ABC News This Week on Sunday. Rep. Mark…
Tata Motors plans to add 100 new passenger vehicle outlets by FY 20 end
Tata Motors is looking to increase its penetration in the domestic passenger vehicle segment with entry into the premium hatchback segment.
Govt to recruit over 500 health workers
Joyce Moriku Kaducu, the state minister for primary healthcare, says the ministry has been understaffed
Weather forecaster predicts travel problems as wind and rain warning for Ayrshire is issued
The warning comes after a weekend of heavy rain.
59 mn added under PM Jyoti Bima Yojana, 154 mn under Suraksha Yojana: Govt
The PMJJBY offers life insurance cover of Rs 2 lakh in case of death due to any reason to people in the age group of 18-50 years having a bank or post office account
Skechers' 'cool' value gives it room to run like Nike: Barron's
Shoemaker Skechers USA is expected to post earnings growth on pace with Nike over the next three years, giving its relatively low valuation a ...
US SEC Re-Opens Infamous Bitcoin Scammer Case
According to recent documents, the United States Securities and Exchange Commission (SEC) believes that the case against the serial Ponzi scammer, Renwick
Packaging Forum urges Gov support to advance war on plastic
The country’s leading packaging member-based organisation is eager to work with Government to bring an end to plastic waste in New Zealand.
Turkey alone on Palestine but will keep supporting oppressed, Erdoğan says
President Recep Tayyip Erdoğan underlined that Turkey will continue to stand in solidarity with the oppressed and never stop defending the Palestinian cause
Delhi court allows Robert Vadra to travel abroad
The court directed him to submit a fixed deposit receipt (FDR) of Rs 25 lakh and his contact details and address of his stay abroad.
First Polio Case in Malaysia in 27 Years
Malaysia registered the first case of polio in 27 years, the France Press reported, citing the Malaysian Ministry of Health. A three-month-old baby, originally from the city of Tuaran in Malaysia's Sabah state on Borneo island, was admitted to a hospital with symptoms of fever and muscle weakness on Friday, the ministry said.
Stitt appoints corrections director
Gov. Kevin Stitt on Friday appointed a new director to oversee the Oklahoma Department of Corrections, following the previous director's abrupt departure. Scott Crow, who has been with the department for more than 20 years and served as interim director since June, will lead the state agency that oversees Oklahoma’s correctional facilities. The department's previous director, Joe Allbaugh, abruptly resigned at a Board of Corrections meeting in June. At the time, Crow, who served as the department’s chief of operations, stepped into the interim director role. In a news release, Stitt praised Crow for his strong leadership at the agency leading up to when Oklahoma released more than 450 low-level, nonviolent drug and
$251m equity raising a bridge too FAR?
FAR's $US350 million debt raising is in train but it is also seeking to sell a big equity stake.
Turkey says it has deported 11 French terrorist suspects
ISTANBUL (Reuters) - Turkey said on Monday it had deported 11 French nationals back to France as part of a program to extradite what it says are foreign terrorist fighters.
[Pankaj Mishra] India’s problems bigger than Modi
A new narrative about India is suddenly emerging. Until very recently, India appeared to be a great democracy as well as a rising economic power, a potential partner of the West in its policy of containing China. Writing in Time magazine in 2015, no less a moral and political authority than Barack Obama hailed Prime Minister Narendra Modi as India’s “reformer-in-chief” who “reflects the dynami...
The US raked in a record $7.2 billion in tariffs in October, new data shows
The US government collected a record amount in tariffs in October as a trade dispute between the Trump administration and China escalated. Reven...
Peter Kay 'in talks with BBC bosses on new project' after long break from showbiz
Peter Kay is reportedly in talks with the BBC about a new project following his extended break from our screens
Modi govt's centralised nature doesn't work well for economic reforms, says Raghuram Rajan
Rajan pointed out that extreme centralisation, coupled with lack of empowered ministers and a coherent guiding vision meant reforms picked up steam only when PMO focused on them and lost pace when its attention switched to other pressing issues
Africom confirms Russian air defense system downed US drone in Libya
U.S. Africa Command (Africom) has confirmed that an unarmed American drone over the Libyan capital last month was shot down by Russian air defenses, reported Reuters. Africom dropped three headlines via Reuters in the overnight, revealing how the surveillance drone was shot down over Tripoli. The headlines specify Russian military contractors have operated alongside east Libya-based commander Khalifa Haftar in Libya’s bloody civil war. The contractors used Russian missile defense systems last month to shoot down a US drone. Africom’s Gen. Stephen Townsend told Reuters in a statement that he believes the Russian air defense operators “didn’t know it was a US remotely piloted aircraft when they fired on it.” “But they certainly know who it belongs to now and they are refusing to return it. They say they don’t know where it is, but I am not buying it,” Townsend said.
airBaltic receives the Regional Airline of the Year Award by CAPA
The Latvian airline airBaltic received the CAPA Regional Airline of the Year award in a special ceremony in Malta on December 5, 2019. For the second time, airBaltic has been recognised as the leader of the regional aviation sector by CAPA's Aviation Awards for Excellence which is held annually since 2003 with professionals participating from airlines around the world. Martin Gauss, Chief Executive Officer of airBaltic said: “We at airBaltic have had yet another year of intense work and successful growth.
Ex-Swedish ambassador to China faces trial over Gui Minhai meeting
Sweden's former ambassador to China faces an unprecedented trial over allegations she overstepped her authority during a meeting to secure the release of imprisoned bookseller Gui Minhai.
Iran US
Iran is ready for more prisoner swaps with the United States, the Cabinet spokesman said Monday even as he reiterated the Iranian leadership's stance that there will be no other negotiations between Tehran and Washington. The remarks by the spokesman, Ali Rabiei, were the first after a prisoner
Bosnia Puts Off Closing Makeshift Migrant Camp 'Until Further Notice'
Bosnian authorities have indefinitely postponed the scheduled closing of a makeshift migrant tent camp in the northwest of the country.
IHH Healthcare receives shareholders’ approval to acquire Prince Court
KUALA LUMPUR, Dec 9 — IHH Healthcare Bhd hopes to complete its proposed acquisition of the Prince Court Medical Centre in the first quarter of 2020, following the strong approval obtained from its shareholders at an extraordinary general meeting today. In a statement, the healthcare provider said...
Once propped up by Qatari high-rollers, Saudi city prays for truce
Jackhammers and cranes gather dust at half-built Qatari-funded hotel sites in a Saudi city hit hard by an abrupt diplomatic rupture, but signs of thawing cross-border ties are reviving economic hopes.
False fire cladding claims caught out by regulator's new teeth
Fire testing reports have been a frequent focus of the Queensland Building and Construction Commission since it was granted stronger investigative powers.
A British oil stock tanked 60% after the shock resignation of the CEO and head of exploration, Business Insider - Business Insider Singapore
Business Insider - Tullow Oil plunged after the CEO and the exploration director suddenly quit. The company also halted its dividend and reduced its production guidance.. Read more at businessinsider.sg
The rise and rise of the first African-American woman distiller and operator of a nationally distributed vodka
For almost six years since she released Black Momma Vodka, Vanessa Braxton has been a major force in the spirit industry in the United States. In 2013 when she introduced her ultra-premium vodka brand, she made history as the first African-American woman owner and operator of a nationally distributed vodka. She is also the founder of...
Nairobi governor pleads not guilty to graft charges
Nairobi’s governor pleaded not guilty to corruption and other economic crimes involving millions of dollars in a Kenyan court on Monday
Airtel Launches No-expiry Data and Voice Bundles
The new offerings are targeted towards customers who are looking to meet their communication needs with ease and not worry about...
BofA Director Charged in Hong Kong After Scuffle With Police
(Bloomberg) -- A Bank of America Corp. anti-bribery and compliance director in Hong Kong was charged with assaulting a police officer after an altercation in a metro station over the weekend, according to a person familiar with the matter.The director, a 35-year-old American, was released on HK$10,000
My predictions for health trends in 2020
Quinoa will go mainstream, and flying to Peru to buy quinoa will no longer be cheaper than buying at Fabindia, predicts the writer
Golden Ocean Group: Very Strong Results Despite The Trade War
Golden Ocean Group delivered a phenomenal quarter despite the mixed headline numbers.The dry bulk trade set new records during the third quarter in spite of the escalating trade tensions between China
European companies minimise risks from US-China trade war
BEIJING, Dec 9 — European companies in China have been able to minimise the effect from the tariff war between Beijing and Washington, although some are considering relocating their businesses, the EU Chamber of Commerce said today. The world’s two biggest economies have been entangled in a...
Pasig River Ferry Service relaunched by MMDA
THE Metropolitan Manila Development Authority (MMDA) relaunches its Pasig River Ferry Service (PRFS) with free ride offer until January 31, 2020 yesterday morning in Manila’s Lawton.
Insurance, road tax for Zahid's 20 vehicles paid by Yayasan Akalbudi, court told
KUALA LUMPUR, Dec 9 — The High Court today was told that the road tax and insurance for 20 vehicles belonging to former Deputy Prime Minister Dr Ahmad Zahid Hamidi amounting RM107,509.55 was paid using funds from Yayasan Akalbudi Foundation fund, between January and September 2015. Allianz...
EU unveils €3bn research fund to develop batteries
Seven member states to invest in the project which is set to run until 2031
Day 5 of public transport chaos as French strike bites
President Emmanuel Macron, Prime Minister Edouard Philippe and senior cabinet ministers met late Sunday to discuss the contentious reform, which the country's powerful labor unions claim will force many to work longer for a smaller retirement payout.
Catalyst Pharmaceuticals: A Potential Double In 2020
Firdapse is expected to be approved outside the U.S.Profitability is expected this year, and the P/E is only about 4.6.Catalyst's lawsuit against the FDA has a decent shot at success.The primary compe
BI to open departure e-gates to reduce passenger queues
IN order to hasten processing and reduce passenger queues in immigration counters at the country’s premiere port during the holiday rush, the Bureau of Immigration (BI) is launching its electronic gates (e-gates) at the departure area of the Ninoy Aquino International Airport (NAIA).
Northumbrian Water-an energy mix that delivers for the planet
Embracing a mix of sustainable energy sources, a zero carbon future is high on the agenda for Northumbrian Water...
No threat of job losses in auto sector: Minister tells RS
There is no threat of job losses in the automobile sector and no reason for worry, Minister of State for Heavy Industries Arjun Ram Meghwal said in Rajya Sabha on Monday. “The automobile sector is pre
USD/CHF starts new week quiet around 0.9900
Despite a 30-pip rebound fueled by the broad-based USD strength on Friday, the USD/CHF pair erased 100 pips for the week and is now staying flat on th
Russian forces enter former Islamic State stronghold in Syria after U.S. pullback
MOSCOW (Reuters) - Russian forces have entered Raqqa, the former de facto capital of the Islamic State caliphate, in one of the starkest examples yet of how Moscow has filled the vacuum created by President Donald Trump’s decision to pull U.S. forces from northern Syria.
Electricity vandals throw nine Anambra communities into darkness
EEDC on Monday said that about nine communities were affected by the power outage resulting from vandalism of Enugwu-Ukwu 33KV line.
Putin set for landmark Paris talks on Ukraine conflict
Russian leader Vladimir Putin will for the first time hold formal talks with Ukrainian counterpart Volodymyr Zelensky over the conflict in ...
EU approves 3.2 billion euro state aid for battery research
BRUSSELS (Reuters) - The European Commission approved on Monday 3.2 billion euros ($3.53 billion) of state aid from seven European Union countries for research and innovation in battery technology.
Luno Planning To Add Ripple To Its List By Early 2020
Luno, the cryptocurrency exchange, seems to be making waves of late. Less than a month after it officially announced its comeback in Malaysia and plans to expand its cryptocurrency list, the company recently announced that
Cryptocurrency Exchange - Here are tips to choose the best
The exchange you must have decided to make use of will greatly determine whether your crypto investment will be profitable or not in the long run. There are lot...
Once propped up by Qatari high-rollers, Saudi city prays for truce
Al-Ahsa (Saudi Arabia) (AFP) - Jackhammers and cranes gather dust at half-built Qatari-funded hotel sites in a Saudi city hit hard by an abrupt diplomatic rupture, but signs of thawing cross-border ties are reviving economic hopes. Saudi Crown Prince Mohammed bin Salman has downplayed the dispute with
Nirbhaya Case: Tihar Jail Says 'Have No Hangman' As Convict Asks For Mercy Plea Withdrawal
With the recent national outrage over the Hyderabad gangrape and the Unnao rape victim attack, the demand for speedy hanging of convicts of the Nirbhaya case
Saudi Arabia ends gender-segregated entrances for restaurants
Restaurants and cafes in Saudi Arabia are no longer required to have gender-segregated entrances, officials said, in a further easing of social...
China's Massive Microsoft Gut-Punch Won't Hurt MSFT Bull Run
Government agencies in China have to replace foreign software and equipment. That means, no more Microsoft for public offices by 2022.
Fashion Industry Warns the World to Heed Dire Climate Warnings
The global fashion industry is drawing on its own "social and cultural weight" to lead the world into tackling climate change.
Official: Base shooter watched shooting videos before attack
PENSACOLA, Fla. — The Saudi student who fatally shot three sailors at a U.S. naval base in Florida hosted a dinner party earlier in the week where he and three others watched videos of mass shootings, a U.S. official told The Associated Press on Saturday.
Inhofe, Horn chide Tinker housing contractor
U.S. Sen. Jim Inhofe and U.S. Rep. Kendra Horn leveled harsh criticism last week at the contractor accused of negligence and fraudulent activity while operating private housing at Tinker Air Force Base and other military installations. Inhofe, chairman of the Senate Armed Services Committee, referred to Balfour Beatty Communities as “notorious.” Horn, a member of the House Armed Services Committee, told a company executive she was “incredibly disappointed you have failed to live up to your responsibility for taking care of the people that are living in these houses.” At a hearing of his committee, Inhofe asked Air Force Secretary Barbara M.
South Korea to Impose Capital Gains Tax on Crypto
The South Korean Ministry of Economy and Finance has decided to impose capital gains tax on digital currencies.
Trump warns Kim has 'everything' to lose through hostility
"Kim Jong Un is too smart and has far too much to lose, everything actually, if he acts in a hostile way," Trump tweeted in response to the unspecified test at the Sohae space launch center.
Day 5 of public transport chaos as French strike bites
PARIS: French commuters and tourists braced for a fifth day of public transport chaos Monday (Dec 9) as the government prepared to respond to ...
India orders over 36,000 metric tonnes of onions; imports at 5-year high
State-run trading firm MMTC has already floated a tender for buying 21,090 metric tonnes (MT) of onions from Turkey and Egypt and the shipments are expected to arrive mid-January
Kashmir: 87% fewer tourists visited Valley in August-November this year, says report
Just about 32,000 domestic tourists and 3,413 foreigners visited the Valley between August and November.
A Great American Achievement
The new government statistics are out.September marked the first month that U.S. exports of crude oil, and petroleum products, surpassed imports since the government started recording the data in 1949
Significant Digits for Monday, Dec. 9, 2019
You’re reading Significant Digits, a daily digest of the numbers tucked inside the news. Today’s number is 8-feet-2-inches, for the height of Big Bird, the belo…
Former Fed Chief Paul Volcker, Inflation Tamer, Dies at 92
In working to help the U.S. economy recover from the 2008 crisis, he proposed what became known as the Volcker rule that restricted banks from making high-risk investments
U.S., Japan military drills include cyberspace coordination
Dec. 9 (UPI) -- U.S. and Japanese forces began engaging in joint exercises on Monday.
Court slams N1m bail on estate agent over alleged fraudulent property sale
A 59-year-old man, Agbomabini Kolawole, who conspired with others and obtained N8 million under false pretences from a woman to sell a building to her....
A Non-Aggression Agreement between Israel and the Arab Countries
The United States is trying to assist Israel to reach an agreement with four Arab countries that will eventually lead to full normalization with them. Several Arab countries still fear full normalization with Israel due to Palestinian opposition, but behind the scenes, they are advancing relations with Israel.
Mike Sonko gets 2 more nights in cell
Ahead of a bond ruling, prison authorities will confirm his claims of being sick.
Pesticide chlorpyrifos banned by EU
EU member states have voted to ban from the market chlorpyrifos, a pesticide which is toxic to the brain in both its forms, and has been the subject of a long-running Le Monde and EUobserver investigation.
SSM to offer big discounts on compounds
PUTRAJAYA, Dec 9 — The Companies Commission of Malaysia (SSM) will offer discounts up to 90 per cent for the settlement of compounds imposed on registered corporations from January 1 to April 30, next year. Domestic Trade and Consumer Affairs Minister Datuk Seri Saifuddin Nasution Ismail said the...
SAIL reworks marketing strategy to draw high volume sales in November
Company clocks 36% YoY rise in volume sales to 1.40 million tonnes
Bolsonaro Says Trade With Argentina Will Go On Despite Fernandez
(Bloomberg) -- President Jair Bolsonaro said trade with Argentina “will remain the same” despite his animosity with President-elect Alberto Fernandez but didn’t confirm whether Brazil will send a high-ranking representative to his inauguration in Buenos Aires.Asked whether he had changed plans to send
Crowley Webb brings blue-collar vibe to renovated digs
Crowley Webb has come a long way since its founding 33 years ago. What started as a small firm with an office on lower Franklin Street in...
Russia plans to set up Arctic air defense 'dome' with S-400 missiles
Russia plans to establish an air defense "dome" across its polar region by arming all of its Northern Fleet's Arctic divisions with S-400 missile batteries, a Russian naval commander said on Monday. Russia has been stepping up its military presence in the Arctic, building new infrastructure
Meet the "Blue Magpie": Taiwan's New Domestically-Made Fighter?
Here's what we know.
NK tried out rocket engine in 'very important' test
Satellite imagery captured before and after North Korea conducted what it called a "very important" test at its missile launch site suggested it had tested a rocket engine, experts said on Monday.
Alleged P&ID scam: Court dismisses Briton’s plea for bail variation - The Nation Newspaper
The Federal High Court, Abuja, on Monday, dismissed the application for bail variation filed by a British man, James Nolan. Justice Okon Abang, who dismissed the prayer, said the application was lacking in merit and adjourned the case till Tuesday for continuation of trial. He gave the ruling after he had taken the arguments of […]
Private equity tycoon Guy Hands looks to buy struggling Kier Living
Hands' private equity firm - Terra Firma Capital Partners - is one of the last remaining bidders for Kier Living.
Christmas Comes Early With These 28 Upcoming Dividend Increases
All stocks have at least five fiscal years of dividend growth history and come from the U.S. Dividend Champions List.28 increases for next week (up from 5 last week).An average increase of 5.77%, medi
Flamboyant governor of Kenya's capital charged with graft
NAIROBI, Kenya (AP) - The flamboyant governor of Kenya's capital city, Nairobi, was Monday charged with 19 counts of graft-related charges as the country struggles to tackle runaway corruption.
Lebanon's exit path from economic woes
The government should aim at restoring confidence through economic sustainability and balanced growth.
Trump to meet with Russian foreign minister Tuesday
President Donald Trump is planning to meet with Russian Foreign Minister Sergei Lavrov on Tuesday in Washington, an encounter that is sure to draw significant scrutiny amid several ongoing controversies involving Trump and Russia.
Russia, Ukraine leaders agree on cease-fire, prisoner exchange by year's end
Dec. 9 (UPI) -- Russian President Vladimir Putin and Ukrainian President Volodymyr Zelensky agreed to a cease-fire Monday, moving the two countries closer to ending a standoff in the Donbas region.
France's Sanofi to buy Synthorx for US$2.5 billion
France's Sanofi said on Monday it had agreed to buy Synthorx in a cash deal worth around US$2.5 billion as it seeks to beef up its ...
FG: All agencies, ministries must publish details of financial activities daily
The federal government has directed that all ministries, departments and agencies (MDAs) must publish a daily statement of their financial activities
Magistrate declines dismissing Bajjo’s case
The prosecution alleges that during the month of June 2019 in various places such as Masaka, Mbarara, Ibanda and Kampala, Bajjo incited members of the public.
MMDA announces reactivation of Pasig River ferry
The Metropolitan Manila Development Authority (MMDA) reactivated the Pasig River Ferry Service (PRFS) on Monday as an alternative means of transportation that can help ease the traffic congestion in the metro.
Volkswagen charged with violating vehicle emission standards in Canada
Volkswagen was charged with 60 counts of breaching the Canadian Environmental Protection Act by importing vehicles that did not conform to prescribed emission standards, Environment and Climate Change Canada said. The company did not immediately respond to a Reuters request for comment.In 2015, the agency launched an investigation into the importing of certain vehicle models allegedly equipped with a prohibited "defeat device".
Man jailed over plot to attack Israeli embassy
A Jordanian court on Monday sentenced a man to eight years in prison for allegedly plotting to attack the Israeli embassy in Amman last year. The state security court ruled that Khaled Abu Raya ...
12 workers hurt in Pasir Gudang chemical factory fire
JOHOR BAHRU: A total of 12 chemical factory workers in Jalan Nibong 1, Tanjung Langsat Industrial area near Pasir Gudang sustained burns on Sunday ...
#Showbiz: I'm still Finas CEO, says Ahmad Idham
KUALA LUMPUR: Ahmad Idham Ahmad Nadzri refused comment on speculations that he had been asked to take leave from carrying out his duties as chief executive officer of the National Film Development Corporation (Finas).
Debt profile: MAN raises concerns over Nigeria’s rising figures
Manufacturers in Nigeria have disclosed that President Buhari's request for more loan to fund the 2020 budget is a serious source of concern.
BoC to cut rates just once in 2020 – TDS
Analysts at TD Securities have changed their call and are now looking for the Bank of Canada to cut rates just once in April 2020. Key Quotes “While t
Top US officials knew the Afghanistan war was unwinnable and 'lied' — even as costs rose to $1 trillion and 2,351 American troop's lives
Thousands of pages of notes from hundreds of interviews reveal true US assessments of the war in Afghanistan, and it's not a pretty picture.
Virgin Galactic leaps after Morgan Stanley says the company's stock can jump 203% over the next year
Virgin Galactic stock surged as much as 21% on Monday after Morgan Stanley initiated coverage on the company with a buy-equivalent rating The fi...
Elastic: Dramatically Lowered Valuation Justifies Billings Slowdown
Shares of search company Elastic have peeled back ~20% ever since reporting Q2 results.Most notably, investors hammered the company on its deceleration down to 45% y/y billings growth (on a constant c
BoB to sell 10.4 mn shares in proposed UTI AMC initial public offering
Last week, the country's largest lender State Bank of India had approved diluting up to 8.25% stake in UTI AMC
Starwood Property Trust: The Election Means Everything
Barry Sternlicht’s Starwood Property is a professionally managed company and a consistent dividend payer.Of late, the stock has been hit by news of its regional malls not doing well and the possibilit
Australia's Queensland state will bid for 2032 Olympics
BRISBANE, Australia - Australia's Queensland state will bid to host to the 2032 Olympic Games and Paralympics, state premier Annastacia Palaszczuk told repo
Nakuru MCAs pass bill to promote tourism
The Bill which has been forwarded to Governor Lee Kinyanjui for assent.
NNPC seeks support in curbing oil pipelines vandalism
The Nigerian National Petroleum Corporation (NNPC) on Monday called on Nigerians and security agencies to join its effort at curbing the menace of oil....
F-22s, F-35s, and B-52s: How America Deters Iran Every Day
A big task.
FBI and US Marshals warn of heinous scammers demanding payments via Bitcoin ATMs
The United States Marshals and Federal Bureau of Investigation don't want you to forget about Bitcoin scammers pretending to be people they're not.
Universal Credit changes coming into force in 2020 for 12million people
The end of the five year freeze will bring relief to the 10million benefit claimants - 2.5million of whom are on Universal Credit - who've struggled at the hands of inflation for years
Ethereum Price Analysis: ETH Claims $150 But Can It Go Any Higher?
Ethereum finally broke above the $150 level but now struggles at the resistance at $152. ETH broke beneath the lower boundary of the symmetrical triangle
A2 Milk chief executive resigns
More than a billion dollars has wiped off the value of New Zealand's biggest company this morning following the surprise resignation of A2 Milk's chief executive. In a market announcement, Jayne Hrdlicka said she had not anticipated the amount of travel involved when she took up the role 18 months ago. Jayne Hrdlicka would be replaced by the former chief executive Geoff Babidge, while the company began a global search for her replacement. The company, which is dual listed in New Zealand and Australia, opened sharply lower at the open this morning, wiping more than a billion dollars off its market value. The shares were trading about $14.30 in the first 15 minutes of trading, from $15.17 on Friday, with a market value of $10.52 billion, compared with $11.63b on Friday.
One in seven adults are now smokers, says survey
ANTI-SMOKING campaigns have reduced the proportion of smokers in Jersey to around one in seven adults, new figures show.
Top US officials knew the Afghanistan war was unwinnable and 'lied' — even as costs rose to $1 trillion and 2,351 American troop's lives
US officials have been lying to the American people about US failures in Afghanistan, where the US military has been fighting its longest armed conflict in history, a collection of confidential documents obtained by The Washington Post reveals.
Ga West Assembly assesses damages of windstorm
news, story, article
Sensex rises 42 points; bank, auto stocks shine
The 30-share BSE Sensex stabilised in afternoon trade and settled with gains of 42.28 points or 0.10 per cent at 40,487.43.
Brazil cattle passing through feedlots grows 2% - DSM
SAO PAULO, Dec 9 (Reuters) - The number cows slaughtered in Brazil after spending 90 days in feedlots is estimated to have grown by 2% to about 5.3 million head in 2019, a survey of Brazil's cattle market by Dutch nutrition company DSM showed on Monday.The number will continue to grow as Brazilian ranchers seek more efficient ways to raise and finish livestock, DSM executives said at a media presentation, adding that an estimate for 2020 will be released in February.(Reporting by Ana Mano)
Top US officials knew the Afghanistan war was unwinnable and 'lied' — costing $1 trillion and 2,351 American lives
Thousands of pages of notes from hundreds of interviews reveal true US assessments of the war in Afghanistan, and it's not a pretty picture.
Pakistan FM Shah Mahmood Qureshi’s Statement at 8th Heart of Asia Ministerial Conference
ISTANBUL, Turkey: The Foreign Minister Shah Mahmood Qureshi attended the 8th Ministerial Conference of the Heart of Asia – Istanbul Process held in Istanbul on December 9, 2019 under the theme “Peace, Partnership, Prosperity”. Foreign Minister of Pakistan Shah Mahmood Qureshi’s Statement at 8th Ministerial Conference Heart of Asia-Istanbul Process Distinguished Foreign Minister of Turkey, Honorable Acting Foreign Minister of Afghanistan, Excellencies,
SunTrust, BB&T banks complete merger, creating Truist
The merger between Atlanta-based SunTrust and Winston-Salem, N.C.-based BB&T has been completed, creating the nation’s sixth-largest bank, serving about 10 million consumer households,...
Turkey Intercepts Almost 3,250 EU-Bound Migrants Over Past Week – Reports
MOSCOW (Sputnik) - The bulk of the apprehensions were made in regions adjacent to Turkey’s land border with Greece and Bulgaria, as well as Turkey’s western coast, which is a common departure point for migrants seeking to reach the Greek Aegean Islands.
USD/JPY Technical Analysis: Turns vulnerable below 50-DMA, ascending trend-line confluence support
The USD/JPY pair extended last week's pullback from six-month tops and remained depressed for the third consecutive session on Monday, also marking it
Time to Remodel Your Portfolio With Home Depot Stock
Home Depot stock is finally finding some support after a sharp 10% drop. HD should begin to head higher over the coming weeks.
Reclaiming the city... Another win for the Thawra
Since October 17, Lebanon has been witness to the largest popular movement in its history, a revolution seeking to bring down a corrupt political...
Prestige Assurance appoints new Managing Director
Prestige Assurance Plc has appointed Sarberswar Sahoo as its new Managing Director following the expiration of Dr Balla Swamy’s tenure.
U.S. Supreme Court rejects Arizona opioid case against Purdue, Sackler family
The U.S. Supreme Court on Monday turned away a novel case by Arizona seeking to recover billions of dollars that the state has said that members of the Sackler family - owners of Purdue Pharma LP - funneled out of the OxyContin maker before the company filed for bankruptcy in September. The justices
NZD momentum finally reflected in positioning – ING
As per the CFTC data for the week between 27 Nov-3 Dec, the New Zealand dollar net speculative positions dropped by 13% of open interest, and is now a
New Russian warships fitted to carry hypersonic missiles: report
All Russian warships of new Projects can carry Tsirkon hypersonic missiles, President of Russia’s United Shipbuilding Corporation Alexei Rakhmanov told reporters on Monday. “All the new Projects of ships we are building are universal for a whole family of missiles from the standpoint of launchers, including those, which you mentioned,” Rakhmanov said, replying to a question about rearming all the Russian Navy’s combat ships with Kalibr cruise missiles and Tsirkon hypersonic weapons. As for rearming the warships operational in the Russian Navy with new missiles, the shipbuilders’ chief said he did not consider this as “a too costly issue.” However, the combat ships with the expiring service life are unlikely to be armed with Tsirkon hypersonic missiles, he added. “Perhaps, such work will be premature and this may lead partly even to unjustified expenses,” the head of the United Shipbuilding Corporation said.
I'm young, single, and healthy, but I just bought $300,000 of life insurance and it was a no-brainer
Realizing that my own death could create a financial burden for my family members made it clear to me that life insurance is a no-brainer.
As the Founders Depart, There’s a Real Opportunity in Alphabet Stock
With the company's founders stepping back, CEO Sindar Pichai could have more freedom to unlock some of the underlying value in Alphabet stock.
Watchdog Expected to Find Russia Probe Valid
The Justice Department's internal watchdog was to release a highly anticipated report Monday that is expected to reject President Donald Trump's claims that the Russia investigation was illegitimate and tainted by political bias from FBI leaders. it also is expected to document errors during the investigation that may animate Trump supporters.
Russian forces enter former Islamic State stronghold in Syria after US pullback
Russian forces have entered Raqqa, the former de facto capital of the Islamic State caliphate, in one of the starkest examples yet of how Moscow has filled the vacuum created by President Donald Trump's decision to pull US forces from northern Syria.
UMTA in the dog house
Proposed common ticket card, urban transport development fund remain on paper
Fishshack owner to sell restaurants in rescue deal
Financial woes forced chain to seek court protection from creditors in August
Gold slides ₹32 on stronger rupee, global cues
Gold prices fell by ₹32 to ₹38,542 per 10 gram in the national capital on Monday due to rupee appreciation and selling in global market, according to HDFC Securities. On Saturday, the precious metal h
US Agriculture Sec. Perdue: Do not believe tariffs will be implemented on December 15th
United States Agriculture Secretary Sonny Perdue crossed the wires in the last minutes saying that he does not believe the tariff hike will go into ef
Breaking: Nigeria has suffered over 8 air crashes since 2015 — Gbajabiamila
Speaker of the House of Representatives, Femi Gbajabimaila has regretted incessant military air crashes in the country, placing the number at 8...
Screams and goodbyes as scores die in devastating India factory fire
At least 43 people were killed Sunday in a devastating fire that ripped through a bag factory in the congested old quarter of the Indian capital New Delhi, with survivors describing the screams of workers trapped inside.
Meeting on pending Central Excise and Service Tax cases held
A meeting to explain the procedure to be adopted for settling pending Central Excise and Service Tax-related cases under ‘Sabka Cishwas (Legacy Dispute Resolution) Scheme, 2019’ to taxpayers was held
Bakkt Launches The First CFTC-Regulated Option on Bitcoin And Cash-Settled Futures
Bakkt, the Bitcoin Futures trading platform of the Intercontinental Exchange (ICE), has just announced that it's rolling out cash-settled Bitcoin futures
Buhari inaugurates treasury portal, says Nigerians can now monitor govt spending
The Federal Government has launched the Open Treasury Portal, with the hope of making public the daily treasury statement on how monies that come into government coffer are being spent. This was...
Central GST collection falls short of budget estimate by 40% during Apr-Nov
The minister said that as many as 999 cases were registered till October in the current fiscal for GST evasion and Rs 8,134.39 crore has been recovered.
Elizabeth Warren reveals she earned $2 million from 30 years of private legal work as she feuds with Pete Buttigieg over financial transparency
Buttigieg's campaign has honed in Warren's previous private legal work, seeking to cast her as a "corporate lawyer" at odds her campaign message.
EFCC recovers N300m, convicts 60 persons in A-Ibom
THE Economic and Financial Crimes Commission, EFCC, zonal Office in Akwa Ibom State said it has so far recovered N300 million this year and convicted...
Iran dismisses Israeli threats as ‘sign of weakness’
Iranian Foreign Ministry Spokesman Abbas Mousavi on Monday dismissed the recent Israeli anti-Iran threats as a sign of weakness. “We consider the threats from Jerusalem’s occupying regime (Israel) as a sign of weakness,” Mousavi said in a statement. Israeli threats are also “desperate attempts to cover up the crises and domestic problems of its leaders,” he added. Highlighting Iran’s ability to protect its national security, the spokesman said his country “will give a crushing regretful response to any act of aggression or stupid action.” On Sunday, the Israeli defense minister warned Iran against continued presence in Syria, saying Israel will “work tirelessly” to prevent the establishment of a stable Iranian military presence in the Arab country.
The 9 best airline credit cards for earning miles to book free flights
If you want to book free flights, a credit card from an airline or a bank that partners with frequent flyer programs is a must. Not only will you earn miles on every purchase you make, but you can also earn a welcome bonus that can jump-start your frequent flyer account balance and help you book an award flight sooner than you’d think.
Firemen hailed as heroes in Delhi horror blaze
NEW DELHI: Two firemen who rescued 27 people were hailed as heroes Monday (Dec 9) after Delhi's deadliest fire in decades killed 43, prompting ...
Buhari orders Accountant General publish daily treasury statement
President Muhammadu Buhari has ordered the Accountant General of the Federation (AGF) to publish a Daily Treasury Statement that will provide information...
The Saudi Aramco IPO Overvaluation Is Overblown
The Saudi Aramco IPO will surpass Alibaba's as the biggest in history.Analysts had made valuation estimates for the company that ranged from $1.1 trillion to $2.5 trillion.The company settled on a val
Challenges Faced by Running Mining Operations and How to Mitigate Against it
Whenever bitcoin mining is mentioned, it is normal for the mind to drift towards pickaxes, and getting oneself messed up with dirt while striking it big. Such thoughts aren’t far fetched from the actual meaning of bitcoin mining.
Shareholders in revolt over EOH pay policy
EOH is in the cross-hairs of shareholders over executive pay, with an astonishing 65% of shareholders voting against the group’s remuneration policy and its implementation at Thursday’s AGM.
WTI continues to erase OPEC-inspired gains, inches closer to $58
Crude oil prices gained traction on Friday after the OPEC and its allies (OPEC+) announced decision to deepen supply curbs by 500,000 barrels per day
National Bid from Ethio Telecom
Invitation to National Competitive Bid (NCB) for the procurement of UR Connector and UY2 connectorFloating Date: As of December 09,2019 RFQ.NO3681901 and 3681902Closing Date: January 9,2019
Storytelling platform Wattpad to open office in Halifax in the new year
TORONTO — Storytelling platform Wattpad says it will open what it calls a second headquarters in Halifax to tap into the city's talent pool as the company grows.
Learning the right lessons from the onion crisis
Political parties that slam central governments on high prices for consumers/low prices for farmers will do zilch about getting their state governments to implement these reforms.
Treating sickle cell disease with hydroxyurea therapy - a game changer
news, story, article
DBJ to on-lend $5 billion to MSMEs
The Development Bank of Jamaica (DBJ) will be on-lending $5 billion to micro, small and medium-sized enterprises (MSMEs) over the next 12 months. This was announced by Minister of Finance and the Public Service, Dr Nigel Clarke, at the launch of...
Monday’s Vital Data: Bank of America, Apple and JPMorgan Chase
Options trading was buzzing in Bank of America, Apple and JPMorgan Chase stock. Here are the metrics that matter moving forward.
Tata Steel asks LGBTQ+ employees to declare partners, avail HR benefits
With its vision to provide equal opportunity to the employees, it has been an endeavour of the company to create an enabling workforce for all diverse groups, respecting and embracing the differences in the individuals, the steel maker said in a statement.
Corruption trial of Angolan ex-president’s son begins
The son of former Angolan President Jose Eduardo dos Santos appeared in court on Monday, at the start of his trial on corruption charges.
Lazada’s millennial-friendly credit card is finally in Singapore - and it's offering a year's free shipping, plus tons of points, Business Insider - Business Insider Singapore
Business Insider - It includes free shipping on RedMart and Lazada for a year.. Read more at businessinsider.sg
BMA Wealth investors stage protests, demand Karvy-like refund action
Investors said while Sebi acted swiftly in the case of Karvy, it has done nothing to address their problem
China’s solar PV market grows despite US tariffs - GlobalData
The global solar PV market is expected to see a 13% growth in installations
Cross River automated cocoa processing factory ready for commissioning
Cross River Cocoa Processing Factory located in Ikom is scheduled to begin a test run early next year following ninety-five percent work completion.
Central bankers pay tribute to Paul Volcker
US Fed chairman who tackled 1970s-era inflation has died aged 92
EFCC seized N643.9m, secured 22 convictions in Kano – Magu
The Economic and Financial Crimes Commission (EFCC) said on Monday that its Kano Zonal office seized N643.9 million this year.
US pharma and biotech lobbyists' documents reveal their plan to gouge Britons in any post-Brexit trade-deal
Both Phrma (the lobby for the global pharmaceutical industry) and Biotechnology Innovation Organization (biotech lobbyists) provided letters to a US-UK government meeting to discuss post-Brexit tra…
Ayodhya verdict: Hindu Mahasabha files review petition over 5-acre land to Muslims
"There is no material to prove that the 'disputed structure' on the Ayodhya plot was a Mosque, as claimed by the Muslim parties. It is urged that references to the same as a 'mosque' or as a masjid must be expunged," the Hindu Mahasabha petition said.
BSVI Yamaha YZF-R15 V3 launched in India for Rs 1.45 lakh - Gets a drop in power figures
Along with the cleaner running engine, the R15 V3 now gets features such an engine-kill as it senses the kickstand has been lowered. And dual-horn will be a standard offering.
An Industry in Transition: ThinCats Exits P2P Lending to Focus only on Institutional Money
Last week, P2P property lender Landbay announced it would no longer accept retail money as it moved away from the peer to peer lending model. Managing P2P inves
Ease of Doing Business: Karnataka to pick lessons from New Zealand
Karnataka aims to see an increase in economic growth and job opportunities with an improvement in ease of doing business. Officials must work towards bringing Bengaluru to the forefront in ease of doing business index.
After toll plazas, govt push for FASTag at Hyderabad airport parking
It has given a major fillip to the Digital India initiative by converting cash toll payments to electronic and brought in an enhanced transparency in entire tolling ecosystem, the ministry said
Tata Motors' Jaguar Land Rover retail sales fall 3% in November
Jaguar Land Rover (JLR) posted fifth straight month of double-digit sales growth of 29 per cent in China. North America sales also grew by 4.9 per cent during the month under review, achieving best ever November sales levels
Dash Investors’ Missing Funds Returned, Moocowmoo Resurfaces
After months of speculation as to the whereabouts of Moocowmoo and the location of Dash investors’ funds, it seems he’s finally woken up.
Orchid Island Capital: In A Coma
Orchid Island Capital (ORC) has paid $10.705 as total dividend per share since its IPO in 2013.The company reported a disappointing Q3 2019 and was hit by analyst downgrades.For now, it’s a risky risk
We broke down the differences between credit card points and frequent flyer miles — here’s why you should be collecting both
Even though a ton of credit cards offer “points” or “miles” for every dollar you spend, those points can be very different things. Each bank and frequent flyer program has its own rewards currency that can be used in different ways. That makes it complicated when you’re trying to choose a credit card; two different cards could offer double points on purchases, but those points could have different values, and could be best for two different things.
RM164m monsoon aid allocation to be distributed to rubber smallholders, tappers
KUALA LUMPUR, Dec 9 — An allocation of RM164 million will be distributed to 274,639 rubber smallholders comprising 255,997 business owners and 18,642 rubber tappers through the 2019 Monsoon Season Aid programme. According to Economic Affairs Minister Datuk Seri Mohamed Azmin Ali, aid of RM600 per...
Flying cars could lure investors away from ground-based services: survey
(Reuters) - Electric air taxis — known colloquially, if somewhat misleadingly, as “flying cars” — could draw millions of investor dollars away from ground-based transportation start-up firms in 2020, according to a study released on Monday.
I’m young, single, and healthy, but I just bought $300,000 of life insurance and it was a no-brainer
When you're young, single and healthy, life insurance is probably the furthest thing from your mind. After all, you're in the prime of your life and have other expenses to think about. You're saving for retirement, a home, or investing for your future. Putting funds towards an event that is statistically unlikely to happen in the immediate future sounds like a waste of money. At least that's what I thought. The importance of having life insurance didn't hit home until I lost two younger family members within the same year. Both passings were unexpected and a complete shock. These were two perfectly healthy young men in their early 20s. Friends and family pitched in to cover funeral expenses, which provided the families one less thing to worry about during difficult times. Nothing makes up for the loss of a loved one, but the removal of that financial stress allows grieving families some reprieve. Their deaths made me realize life insurance is a no-brainer These events got me thinking about how absurd my invincibility…
P&ID: Court dismisses Briton’s plea for bail variation
The Federal High Court, Abuja, on Monday, dismissed the application for bail variation filed by a British man, James Nolan.
Chow: Four restoration projects in Penang Hill completed
GEORGE TOWN, Dec 9 — Four repair and stabilisation projects undertaken in Penang Hill following a landslide on November 4, 2017 have been completed, said Chief Minister Chow Kon Yeow. He said the projects included the refurbishment and enhancement of three communal septic tanks, landscaping and...
India needs support from advanced nations to fight climate change: Govt
Prime Minister Narendra Modi launched a global Coalition for Disaster Resilient Infrastructure (CDRI) at the United Nations (UN) Climate Action Summit 2019 held in New York on September 23.
Shareholders advised to vote against Richard Baker-led offer for HBC
An influential proxy advisory service is recommending shareholders vote against a takeover offer for Hudson's Bay Co. by a group led by the retailer's executive chairman.
European Union permits state aid to develop electric battery giants
The EU's powerful anti-trust authority on Monday approved billions of euros in subsidies from seven member states as Europe seeks to make up lost ground in the highly strategic sector of electric batteries. The move is part of a major push led by Germany and France to prepare Europe for the emergence of electric cars, as gas combustible engines are phased out over concerns for the environment.
Storytelling platform Wattpad to open office in Halifax in the new year
Storytelling platform Wattpad says it will open what it calls a second headquarters in Halifax to tap into the city's talent pool as the company grows.
Rupee darts up 16 paise to 71.04 against U.S. dollar
The rupee pared initial losses and settled 16 paise up at 71.04 against the U.S. dollar on Monday amid softening crude oil prices and weakening of the greenback vis-a-vis other currencies overseas. Fr
Yellow Cake Is A Lower Risk Investment In The Uranium Industry
Yellow Cake is trading at a discount to net asset value and the company has communicated it will rely on share buy-backs if the discount persists.The annual holding cost is expected to be relatively l
Bankrupt PG&E to take $4.9 billion more charge on wildfire victim claims
(Reuters) - PG&E Corp said www.sec.gov/ix?doc=/Archives/edgar/data/75488/000095015719001393/form8-k.htm on Monday it would take a pretax charge of $4.9 billion in the current quarter related to the settlement of claims from victims of some of most devastating wildfires in California's modern history.
Decision on six bus companies in Dhaka by March, says Mayor Khokon
Dhaka South Mayor Sayeed Khokon says a decision could be made by March to bring the buses operating in Dhaka under six companies as part of an effort to discipline public transports.
TTK Prestige to boost home solutions portfolio, eyes new verticals
While it is launching 30 SKUs in the home cleaning range, other products in the electrical and non-electrical spaces are on the drawing board
Kochhar challenges RBI decision to terminate her; HC seeks bank's response
Banking Regulation Act says that prior approval of the RBI is required to terminate the contract of a bank's chairman or managing director
Pace of housing starts edges up in November on strength in B.C., Alberta
Canada Mortgage and Housing Corp. says the annual pace of housing starts edged higher last month compared with October, although there were declines in five provinces.
Lebanese entrepreneurs think digitally if given space to grow – Arabnet Report
Mubasher: Lebanon’s entrepreneurial ecosystem flourished making the country among the major assets for digital innovation across the MENA region, following the implementation of Circular 331 of the Central Bank of Lebanon back in August 2014. …
Journalists will be safe under the next NDC government – John Mahama assures
Former President John Dramani Mahama has marked the 2019 International Anti-corruption Day (which is today December 9, 2019) with an assurance that journalists will be safe thus none will be killed, live in fear or flee the country because of their investigative reporting on corruption. “We shall protect the rights of our people to expose corruption and undertake to investigate credible allegations that come to our attention. No journalist will be killed, live in fear or flee the country because of their investigative reporting,” a press statement to mark the day read in part. In the press statement signed on his behalf by his special aide, Joyce Mogtari, the former President Mahama further noted that the fight against corruption requires genuine and collective efforts, especially from political leadership, and the NDC has demonstrated that in the past when it governed and will continue the fight in future when it forms the government. “Fighting corruption requires genuine and collective efforts, particularly…
Windy weather sets new renewable power record for Britain
Extra power on the network on Sunday meant National Grid paid some households to use electricity.
Ukraine's security chief, interior minister and chief of General Staff to be Zelensky's advisors at Normandy Four summit
The Ukrainian delegation also includes Minister of Energy and Environmental Protection Oleksiy Orzhel and Executive Director of NJSC Naftogaz of Ukraine Yuriy Vitrenko.
Ford Ranger Sales Are Creeping Up On Chevrolet And Toyota
Ford has rightly fixed a wrong by bringing back its midsize Ranger pickup truck to the North American marke...
The 9 best airline credit cards for earning miles to book free flights, Business Insider - Business Insider Singapore
Business Insider - The best airline credit cards from American Airlines, Delta and more, plus more versatile options including the Chase Sapphire Preferred.. Read more at businessinsider.sg
Chanda Kochhar termination: Bombay HC seeks RBI's reply before next hearing
Earlier, Kochhar had stated that ICICI Bank was under statutory obligation to obtain prior RBI approval to terminate her from service, and claimed that the bank did not seek any such approval.
Market watch: Index ends in red amid lack of triggers
Benchmark index decreases 289.44 points to settle at 40,442.81
Trump to meet Russia's foreign minister on Tuesday: Ifax
MOSCOW (Reuters) - Russian Foreign Minister Sergei Lavrov will meet U.S. President Donald Trump during talks with his U.S. counterpart in Washington on Tuesday, the Interfax news agency cited a Russian foreign ministry source as saying.
Want to buy an old fire station? South Florida county has one on auction block
Officials from a South Florida county are preparing to auction several parcels of real estate -- including an old firehouse.
Call To Halt Deportation Of Two Ethnic Kazakhs To China
Kazakh opposition activists have called on the authorities of the Central Asian nation to halt the deportation to China of two ethnic Kazakhs from China's northwestern region of Xinjiang.
EBRD invests $4m in Turkish bus-ticketing service firm oBilet
Mubasher: The European Bank for Reconstruction and Development announced an equity investment of $4 million in Turkish online bus-ticketing service provider oBilet.
Gov. Yahaya approves additional N550m for payment of gratuities to retirees
Gov. Inuwa Yahaya of Gombe State has approved the release of an additional N550 million for the payment of gratuities to the state retirees
Sensex rises 42 points in range-bound trade; bank, auto stocks spurt
Market benchmark BSE Sensex rose over 42 points on Monday to close at 40,487.43, driven by buying in select bank and auto counters. After opening on a weak note, the 30-share BSE Sensex stabilised in
FG Hopeful Of Securing $500M AFDB Fund For Technology Innovation
The federal government is optimistic of securing a $500 million AFDB fund for technology innovation in the country, Trade and Industry Minister, Richard Adebayo has said.
France ready to take Trump’s tariff threat to WTO
RIYADH: Saudi Arabia’s Ministry of Finance has kicked off a tour for foreign investors in Riyadh today ahead of the 2020 Budget Forum on Dec. 10. Twenty two international investment companies from Taiwan, the US, the UK, Malaysia, Indonesia, Japan, Hong Kong, Germany and France have been invited to visit some of the Kingdom’s top non-oil based companies. The group includes a
Two Turkish firms in world's top arms makers see their turnover surge in 2018
Arms sales of two Turkish firms listed in the sector’s largest 100 companies increased in 2018 as they managed to maintain their rankings in the list, a...
Gatchalian urges DTI, DA to closely monitor prices of basic goods
Senator Sherwin Gatchalian has urged the Department of Trade and Industry (DTI) and the Department of Agriculture (DA) to closely monitor the prices of basic goods and commodities this month as Filipinos celebrate the Yuletide season.
Rents up again as Government’s poor policies bite
Simon Bridges - Leader of the Opposition
Airtel scraps expiry dates on data, voice as subscriber numbers continue to grow
NAIROBI, Kenya, Dec 9 - Airtel Kenya has launched no expiry data and call rates that will allow customers to spend as low as 1 bob for 5MB data and to make calls at 2bob
Equity flows see sharpest dip in 3.5 years, slip 78% in November
Flows were 78% low compared to Oct; lump sum investments hit
Maldives keen to disentangle from China's debt trap: Nasheed to Venkaiah
The former president of Maldives said his country, amidst claims of huge investment by Beijing, is undertaking an assessment of assets created through debt funding from China.
Iconic Cork restaurant one of 23 food outlets forced to close
An iconic Cork restaurant was one of a record 23 food outlets forced to close in November over hygiene concerns.
Strong Jobs Numbers Boost Bank of America
We want to take advantage of rising long-term interest rates with a put write on Bank of America (NYSE:BAC)
‘Halal Spread Due To Our Mental Slavery, It Will Result In Our Financial Slavery’: Swarajya Interviews Jhatka Certification Authority Chief
The only way jhatka outlets will survive is if there is enough demand in the market.
Works restart at Forrestania Nickel Operation in Western Australia
Nickel mining firm Western Areas has resumed normal operations at its Forrestania project in Western Australia, following a bush fire incident last week.
Optimism abounds among industry players on Industry 4.0
Indonesia has already been in the Industry 3.0 stage where industries have adopted automation especially for tasks that are considered to be dangerous for humans.
Cytonn Ranks KCB As The Most Attractive Bank In Q3 of 2019
Cytonn Investments has ranked KCB Group as the most attractive bank in Kenya, in its Q3 2019 Banking Sector Report.The multi-investment company says that KCB's ranking is as a result of a strong f
Central GST falls short of budget estimate by 40pc in April-November
CGST collection during Apr-Nov stood at Rs 3.28 lakh crore against budgeted estimate of Rs 5.26 crore.
Bombay HC seeks RBI's response on plea against Chanda Kochhar's termination as ICICI MD
A division bench of justices Ranjit More and SP Tavade directed the Reserve Bank of India to submit its reply by December 16. The bench will hear the matter next on December 18
Chop-your-own Christmas trees: Dutch park makes festive free offer
HOGE VELUWE, Netherlands: A national park in the Netherlands is making an unusual offer to visitors this holiday season: come and chop down your own Christmas tree - for free.
Chilango confirms plans to launch CVA and exit leases
Embattled Mexican chain Chilango has confirmed that it plans to launch a company voluntary arrangement (CVA) in a bid to secure the future of its business.
Vandals damage cars in Arab neighborhood of east Jerusalem
JERUSALEM (AP) — Vandals slashed the tires of over 160 vehicles and sprayed slogans such as “Arabs=enemies” in a Palestinian neighborhood of Israeli-annexed east Jerusalem, Israeli police said Monday. Elsewhere, Palestinian residents of the volatile West Bank city of Hebron staged a general strike to protest the construction of a new Jewish settlement there.Masked suspects operated under the cover of darkness to vandalize the cars in east Jerusalem's Shuafat neighborhood and spray-painted Hebrew graffiti on a nearby wall, police spokesman Micky Rosenfeld said. He said the authorities were treating the incident as criminal with “nationalistic motives.
NDDC: N’Delta Assembly warns against moves to shortchange Delta of MD position
NDDC: THE Niger Delta Peoples Assembly, NDPA, a pressure group in the Niger Delta region, has warned that any attempt to shortchange Delta State from...
WADA imposes four year ban on Russia over doping data manipulation
Russia was banned from all sporting competitions including the Tokyo 2020 on Monday after the World Anti-Doping Agency (WADA) ruled to punish the country for manipulating laboratory data, the Russian TASS news agency reported.
U.S. Supreme Court rejects Arizona opioid case against Purdue, Sackler family
The U.S. Supreme Court on Monday turned away a novel case by Arizona seeking to recover billions of dollars that the state has said that members of the Sackler family - owners of Purdue Pharma LP - funneled out of the OxyContin maker before the company filed for bankruptcy in September. The justices
Ayodhya case: Hindu body opposes land to Muslims, two review pleas in SC
Separately, 40 persons, including rights activists, have jointly moved the top court seeking review of its verdict in the Ayodhya case claiming that the judgement "errs in both fact and law"
‘General Hospital’ Monday Scheduling Scoop: ABC Executive Details Plans For December 9 Episode
A new week of drama in Port Charles is about to kick into gear and General Hospital fans are wondering whether they will face any schedule interruptions this week. ABC and many other networks are ...
Buhari fails to renew Fowler’s tenure, names new FIRS chairman
President Muhammadu Buhari has appointed Muhammad Nami to replace Babatunde Fowler as chairman of the Federal Inland Revenue Service (FIRS)
Bitcoin - Correction Soon To Be Over
Bitcoin has been stuck in a bear market since December 17th, 2017.Its weekly chart is oversold and probably close to a trendchange.Professional money has not yet fully positioned for a new rally.There
SunTrust, BB&T banks complete merger, creating Truist
The merger between Atlanta-based SunTrust and Winston-Salem, N.C.-based BB&T has been completed, creating the nation’s sixth-largest bank, serving about 10 million consumer households, officials of the combined company announced Monday.
Lithuanian Central Bank Announces Blockchain Collector Coin
The Bank of Lithuania announced that it will release its first digital, blockchain-based collector coin in the spring of next year.
Paul Volcker, Former Federal Reserve Chairman, Dies At 92
He led the country's central banking system in the late 1970s and 1980s.
Under NDCP, TRAI seeks industry's views on unbundled licensing regime
The move came after the Telecom Department sought the regulator's recommendation on the issue
Australia braces for heatwave as more than 100 fires burn
An estimated two million hectares have burned -- the size of some small countries -- across a region spanning hundreds of kilometres.
3 Top Small-Cap Stocks to Buy Right Now
One way for investors to build wealth is to find great companies with growth potential while they're still small.
Merger Arbitrage Mondays - Thoma Bravo's Acquisition Of Instructure Includes A Go-Shop Provision
Merger activity increased with five new deals announced.The acquisition of Audentes Therapeutics by Astellas Pharma.The acquisition of AK Steel Holding Corporation by Cleveland-Cliffs.
CBN: Unconventional monetary policies needed to grow and diversify the economy
The CBN has disclosed that the need to grow and diversify the country’s economy led to the adoption of its unconventional monetary policy.
Iraq military complex housing US forces slammed by rockets, says army
Several rockets slammed into an Iraqi military complex that hosts US forces next to Baghdad International Airport on Monday, wounding six Iraqi troops, the military said in a statement. Security forces found launchers with rockets that had not been fired properly, indicating a larger attack was planned, the military said.
EFCC seizes over N643.9m, $706.8m in Kano
The Economic and Financial Crimes Commission on Monday says that the Kano Zonal office has seized over N643,942 million in
Paul Volcker: The inflation tamer who set bank risk rule, dies at 92
In a career that spanned more than half a century, Volcker became a one-man economic cleanup crew
Foldable Airplane Seat Aims to Revolutionize Air Travel in Economy Class
Universal Movement has your back. And your neck and shoulders, and general wellbeing. The London-based design firm has unveiled a concept for an airplane seat for economy class that would, for the first time ever, puts the flier’s comfort over everything else.
Paul Volcker, inflation tamer who set bank risk rule, dies at 92
Volcker was called on to devise a successor to the gold standard, a cure for runaway inflation and a response to the housing-market collapse.
Top US officials knew the Afghanistan war was unwinnable and 'lied' — even as costs rose to $1 trillion and 2,351 American troop's lives
Thousands of pages of notes from hundreds of interviews reveal true US assessments of the war in Afghanistan, and it's not a pretty picture.
EFCC recovers N3.6bn, 10 houses from suspected looters in Ilorin
The Ilorin Zonal office of the Economic and Financial Crimes Commission says it has recovered N3.6 billion and 10 houses from suspected looters.
Maryland cop charged with multiple counts of rape, suspended without pay
Baltimore County Police Officer Anthony Michael Westerman, 25, has been charged with two counts of second-degree rape and three counts of second-degree assault
Devon council facing £6million overspend on children's social care
Residential placements for children in care are costing Torbay Council around £5,000 a week each, it has emerged
Wall Street starts new week on back foot
Wall Street's main indexes started the first day of the week in with modest losses as investors refrain from making large bets while waiting for fresh
Buy Ollie's Ahead Of The Q3 Report
Ollie's is due to report Q3 earnings next week.With shares languishing, I think they represent compelling value.The key risk for Q3 is margin performance, but I see a lot of bad news priced in already
Biz EOD: GST filing streamlined; India imports 36,000 MT of onions; SBI cuts lending rates
Catch top stories from the world of business and economy with BusinessToday.In's end of day report
World's 'largest collection' of rare whiskies on sale
Lovers of very expensive whisky will get the chance to bid on nearly 4,000 rare bottles acquired by a late US soft drink bottling company executive.
Vandals damage cars in Arab neighborhood of east Jerusalem
BAGHDAD: Iraqis turned out Monday to mourn a prominent activist gunned down the previous evening, the latest violent episode in anti-government demonstrations in which more than 450 people have died. That came as Iraq's foreign ministry summoned four Western envoys over their condemnation of a deadly attack against protesters at the weekend. Iraq's capital and its
Months after hype, Mahathir says Malaysia shouldn’t have called its big drone a ‘flying car’
Malaysia should not have called its latest drone project a flying car, Prime Minister Mahathir Mohamad admitted on Sunday (Dec 8).
Turkey deports 11 French relatives of 'terrorist' suspects
Turkey has sent 11 French relatives of suspected "terrorist fighters" back home, the Turkish interior ministry said Monday, the latest in the country's renewed push to deport foreign jihadist insurgents. "Eleven French citizens have been deported to their home country," it said in a statement. A judicial source in France confirmed that four women and their seven children had arrived in France early on Monday.
Elizabeth Warren reveals she earned $2 million from 30 years of private legal work as she feuds with Pete Buttigieg over financial transparency
Buttigieg's campaign has honed in Warren's previous private legal work, seeking to cast her as a "corporate lawyer" at odds her campaign message.
Arnab Goswami Vs Lutyens Media: India’s Largest News Media Association Elects Republic TV Chief As President
Republic TV’s editor-in-chief Arnab Goswami has been elected as the president of News Broadcasters Federation (NBF)‘s governing board, The Hindu has reported.
Polio returns to haunt Malaysia after almost 30 years
Malaysia has reported its first polio case in 27 years, health authorities said Sunday, announcing a three-month-old baby had been diagnosed on Borneo island.
Months after hype, Mahathir says Malaysia shouldn't have called its big drone a 'flying car', Business Insider - Business Insider Singapore
Business Insider - "The mistake was in calling it a flying car. It is actually a big drone.". Read more at businessinsider.sg
Ivanka Trump Once Spoke with Author of ‘Steele Dossier’ About Working for the Trump Org: Report
Years prior to authoring the Steele Dossier at the center of Republicans allegations that federal authorities improperly “spied” on the Trump campaign, Christopher Steele and Ivanka Trump had been in talks about the former British intelligence officer potentially working for the Trump Organization, according to ABC News.
Russia Ready to Consider Trump's Idea on New Nuclear Disarmament Treaty - Source
Russian President Vladimir Putin previously shared that he had discussed the fate of the bilateral treaty New START, set to expire soon, with his American counterpart Donald Trump during the G20 summit in Osaka, Japan in 2019, but added that what will happen with it remains unknown.
Canopy Growth shares get lift after Constellation executive named new CEO
Shares of Canopy Growth Corp. got a lift after the cannabis producer named a veteran Constellation Brands executive as its new chief executive.
Eurex Strengthens European Bond Market with New Product
Eurex will improve its offering by launching EUR-denominated fixed income ETF options starting today
Canada: Firm housing starts data for November – RBC
Josh Nye, senior economist at the Royal Bank of Canada, notes that the Canadian housing starts were little changed at 201,000 in November with six-mon
Female miners position themselves as gold mining takes shape in Mubende, Kassanda
Kampala, Uganda | THE INDEPENDENT | Although women play a much bigger role in artisan and small-scale mining in Uganda, they are less recognized and generally get poor remunerations. Women in Mubende-Kassanda gold mines are striving to change the narrative as mining activities take shape in the area. A 2018 study conducted by Global Rights …
Rupee firms up to five-month high against dollar; strengthens by 15 paisa today
Moody
Bashar al-Assad's uncle faces embezzlement trial in Paris
Rifaat al-Assad is accused of embezzling Syrian funds to buy property worth at least €90m in France
Intel CEO Blames Company's Obsessive Focus on Capturing 90% CPU Market Share For Missing Out on Other Opportunities
Intel chief executive Bob Swan says he's willing to let go the company's traditional dominance of the market for CPUs in order to meet the rising demand for newer, more specialized silicon chips for applications such as AI and autonomous cars. From a report: Intel's Bob Swan blames being focused on ...
USD/JPY drops to fresh five-day lows below 108.50
After losing its momentum ahead of the 110 handle at the start of the previous week, the USD/JPY pair reversed its course and closed with a weekly los
Morocco’s Bank Profits Exceeded $1.1 Bn by End of September
The profits of eight main Moroccan banks reached $1.1 billion at the end of September, a 0.96 percent increase compared to the same period last year, while the total net banking income increased 6.6 percent to reach $5.62 billion, according to financ
Markets surge on jobs, trade
By Michael McCarthy (chief market strategist, CMC Markets and Stockbroking)
SC Partially Lifts Ban on Construction Activities in Delhi-NCR
The SC had previously deferred lifting the ban, requested by the Centre, slamming the authorities for failing to curb the pollution that had caused a near medical emergency in the capital city.
Trump's shameful deference to Saudi Arabia
His muted response to the Pensacola attack should sound alarm bells
Made In Space Europe wins LSA contract to develop inexpensive robotic arm
Made In Space Europe and Luxembourg Space Agency won a European Space Agency contract to develop an inexpensive robotic arm for space applications.
Market Wrap, Dec 9: Sensex up 42 pts, Nifty at 11,937; Auto stocks gain
Sectoral indices ended the session mixed on the NSE. At close, Nifty Realty Index closed with a cut of 1.15 per cent, while Nifty Auto index closed 0.73 per cent higher
Russia opposes initiative on expanding Normandy format
The leaders of the Normandy Four states – Ukraine, France, Germany, and Russia – are scheduled to meet in Paris, France, on December 9.
12 high profile Lawyers Sonko has hired to represent him
His bail hearing is on going
Zelensky, Putin to have bilateral meeting following Normandy Four talks – media
A meeting of the four leaders is scheduled for Monday evening.
China and America: A political war!
This news reminded me of the American writer George Friedman, who said that America’s strategy with China would not be direct confrontation, but would be rooted in the spirit of democracy and economic liberalism as opposed to the political weight of central decisions made in Beijing.
Rwanda begins vaccinating against Ebola near DR Congo border
Rwanda has started a voluntary Ebola vaccination programme at its border with the Democratic Republic of Congo in a bid to prevent the spread of the deadly virus from its neighbour.
Eddie Cross: It cannot be Business as Usual in 2020
By Eddie Cross If there is one thing our leadership has to understand as we approach Christmas this year, it is that in 2020, we cannot continue to do things the way they have been done in the past decade. We go out of 2019 with so many areas of failure in terms of policy and activity that it is difficult to pick them out and deal with them one by one. So this weekly letter is going to cover my personal wish list for my country in 2020.
Xiaomi Is The World's Fourth Largest Smartphone Maker
According to the official introduction, Xiasomi has become the world's foruth largest smartphone maker after Samsung, Apple, and Huawei.
Business leaders in their own words on policy
Australian business leaders reveal what they want from government - and the big opportunity Australia missed in the past decade.
UK CMA Decision Looms Over Amazon’s Quest For Deliveroo Stake
UK Antitrust News: The Competition and Markets Authority (CMA) will decide if Amazon's quest to acquire a stake in Deliveroo (and its user data) can move forward.
North Korea Resumes Insults of 'Erratic Old Man' Trump
Kim Jong Un has warned he may take a 'new path' if the United States fails to address his demands
Charlie Parker: ‘We can attract good people’
IT is a ‘bit of a myth’ that the government finds it difficult to attract ‘good people’ to fill front-line roles – the real problem is inadequate support once they arrive, the government’s chief executive has said.
Tata Motors share has gained 32% in last three months: Time to buy, sell or hold the stock?
Tata Motors share was reeling under losses as auto sector was clouded by economic slowdown for more than a year. Uncertainties on the global front also hit sales of its UK arm JLR which affected the stock
Ireland ranks as EU’s largest importer of planes
Figures show 53% of bloc’s plane imports last year went to Ireland
Northland – Environmentalists’ ‘No’ to Auckland port shift
Northland environmentalists are speaking out against the proposed $10 billion Auckland port shift to Marsden Point in what one labels a ‘think big’ project - about 650 metres from a marine reserve.
GM Enters $2.3B JV To Further Production Of Electric Vehicles
EV Partnership News: General Motors announced that it is partnering with LG Chem to mass-produce battery cells for future battery-electric vehicles.
Saudi Aramco will exercise 15% greenshoe option in whole or part during first 30 days of trading: statement
RIYADH (Reuters) - Saudi Aramco will exercise its 15% greenshoe option in whole or part during the first 30 days of its trading period, its lead managers said.
Improving your credit score - The Mortgage Gal
As we move into the holiday season, mortgages are not top of mind for most of us.
Noynoy in hospital
FORMER President Benigno Aquino III is confined at the Makati Medical Center where he is scheduled to undergo a heart surgery, the Makati police chief said yesterday.
Indo-Pacific connectivity needs support for good governance
Importantly, common governance rules and standards will address issues of sustainable financing and quality infrastructure, transparency in project preparation and accountability in project execution.
For the first time in two decades, steam locomotive operates from Coonoor to Ooty
The chartered train service carried more than 70 foreign tourists from multiple countries
Mapping South Australia’s big mines and new projects
We profile South Australia's largest and most ambitious mining operations, from significant uranium projects to the world’s largest zircon mine.
'Bull Markets Often End With A Euphoric Rally Called A 'blow-Off Top.' We May Have Just Had One'
The current flatfish top has zero resemblance to the 2000 market top.I think this secular bull market has further to run and will end on a note more similar to that of 2000.One thing I'm pretty sure o
Call for import duty of fishing equipment to be abolished
KUALA LUMPUR, Dec 9 — A Dewan Negara member today proposed the that the import duty on fishing equipment, such as net, fishing line and engines, to be abolished to help ease the burden of traditional fishermen. Senator Datuk Razali Idris said the price of most fishing equipment has increased by...
After Earnings, Watch for Workday Stock to Strike $168.50
Workday stock lean bearish on the charts. Its valuation is a little rich, particularly amid this earnings report. What's up with WDAY stock?
Court rejects Minnesota’s renewal of US Steel mine permit
MINNEAPOLIS (AP) — The Minnesota Court of Appeals on Monday reversed a decision by state regulators to renew a wastewater discharge permit for U.S. Steel's giant Minntac iron ore mine...
Tim Draper Asserts $250,000 Still in Bitcoin’s Scope as Price Flails
For some reason or another, many investors and analysts have begun to fear the worst for the medium-term outlook of the Bitcoin market over the past few months.
CTET 2019: Gang involved in impersonating aspirants busted
Ten people have been arrested in Moradabad for being involved in impersonating aspirants of the Central Teacher Eligibility Test-2019 examination.
Oracle Co. (NYSE:ORCL) Receives $57.42 Average Target Price from Analysts
Oracle Co. (NYSE:ORCL) has earned an average recommendation of “Hold” from the thirty ratings firms that are covering the stock, Marketbeat reports. Five research analysts have rated the stock with a sell recommendation, seventeen have assigned a hold recommendation and eight have assigned a buy recommendation to the company. The average 1-year price target among […]
Maruti Suzuki among top gainers on Sensex as output rises for the first time in 10 months
The car company produced a total of 1,41,834 units last month – 4.3% higher than the same month in 2018.
Highest ever number of closure and enforcement orders on food businesses last month
The 'highest ever' monthly number of enforcement orders were served on restaurants and other food...
Dutch government moves to ban laughing gas
AMSTERDAM (Reuters) - The Dutch government on Monday announced plans to include nitrous oxide — better known as laughing gas — on its “black list” of forbidden drugs, in response to a rapid increase in usage of the gas among the nation’s youth.
Rock collapse at gold mine in South Africa kills four workers
A rock fall at the Village Main Reef’s Tau Lekoa gold mine in Orkney, North West province of South Africa, has claimed the lives of four workers.
World Anti-Corruption Day: Graft masters rake in Sh300 trillion annually
Kenya has been plagued by a long list of corruption scandals which are yet to be resolved
Peregrine Ventures raises more than €103 million for its fourth fund, to invest in MedTech startups
Peregrine Ventures, an Israeli MedTech venture capital fund, just closed its fourth fund, Peregrine 4, raising €103 million. Their partners include some of the leading institutional and private equity investors from Israel, the United States, Europe and Australia.
Rats, a dead mouse and pigeon faeces: Record 23 enforcement orders in November
It is the highest number of Enforcement Orders in one month since the legislation was introduced in 1998.
Iran ready for more prisoner swaps with US, not negotiations
The swap raised hopes of other similar actions and was seen as a rare diplomatic breakthrough between Tehran and Washington after months of tensions.
Global warming is robbing world’s oceans of oxygen
The amount of oxygen in the world's oceans decreased by 2 percent between 1960 and 2010 and is expected to go down by a further 3-4 percent by the year 2100 as a result of global warming, something that will have an effect on habitats and the coastal economies that depend on them.
The Real Test for the GCC: Dealing with Qatar's Crisis Skilfully
This is a Gulf week par-excellence, as the Gulf Cooperation Council (GCC), which was founded in 1981 with security as its primary concern, will hold it fortieth summit under exceptional circumstances. The Saudi capital Riyadh is considered the Counci
Why Europe will choose the US over China
America’s allies are belatedly heeding its warnings about the Chinese technology threat
EU regulators to review rules defining companies' market power
BRUSSELS (Reuters) - EU regulators will review two-decade old rules that determine if companies have the market power to throttle rivals or control prices to take into account globalization and digitalization, Europe’s antitrust chief Margrethe Vestager said on Monday.
Illegal operation: LASG shuts 24 health facilities
The Lagos State Govt has shut at least 24 pharmacies, patent medicine shops and unlicensed premises across the state over illegal operation
Apple Card’s new Monthly Installments feature may be about to launch
According to Apple's description of the feature in the Wallet app, the launch of the monthly installments option in the United States appears imminent.
Central bank changes required reserve regulations
The Central Bank of the Republic of Turkey (CBRT) on Monday lowered the reference values it uses to determine required reserve ratios for banks, while...
Sudden' volcano eruption in New Zealand kills five, several missing
At least five people were killed, up to 20 injured and several were reported missing after a volcano suddenly erupted off the coast of New Zealand's North Island on Monday, spewing a plume of ash thousands of feet into the air.
Artificial intelligence extends average life expectancy
Artificial Intelligence (AI) offers acceleration in the treatment of patients as it can estimate and analyze data quickly when symptoms occur, according to...
Auckland’s socio-economic gap driving participation down
The spotlight was on social inequality at the recent Sport and Recreation Sector Event 2019: Making Auckland the world’s most active city, with international benchmarking from Portas Consulting revealing that deprivation in Auckland affects participation more than in London, Stockholm and Singapore.
3 Healthcare Stocks to Buy and Never Sell
A holding period of forever sounds perfect for these top-tier businesses.
Accuity To Power GoCardless’ Recurring Payments Expansion Into US
GoCardless entered into a collaboration with Accuity to launch a seamless way for businesses to collect payments in the U.S. via an ACH-based debit offering.
SUV driver fined Rs 9,500 for damaging a tree in Telangana town
Since September 2018, Siddipet horticulture officers have collected over Rs 1.2 lakh as penalties on damages to trees planted under the 'Haritha Haram' afforestation programme.
Fikile Mbalula: Prasa Placed Under Administration
Transport Minister Fikile Mbalula has announced that the interim board of the Passenger Rail Agency of South Africa (Prasa) has been dissolved with immediate effect and that it has been placed under administration. Mbalula made the announcement at a press briefing on Monday morning. He said Prasa had deep-rooted problems and merely replacing an interim […]
Global watchdogs urge ‘vigilant monitoring’ as big tech companies shift into financial services
Google and other big tech companies may have to share data on financial services customers with banks and fintech firms to prevent unfair competition.
Advanced Petrochemical proposes SAR 0.65/shr dividends
Riyadh – Mubasher: The board of Advanced Petrochemical Company has recommended the distribution of cash dividends to shareholders for the fourth quarter (Q4) of 2019 at SAR 0.65 per share, equivalent to 6.5% of the share’s par value. During a …
Charity: Over 110 children killed in 2 Yemeni areas in 2019
CAIRO — Over 110 Yemeni children were killed between January and October in the key port city of Hodeida and a southwestern province, an international charity said Monday. Save the Children said in a report that 56 children were killed and 170 wounded as a direct result of fighting in Hodeida, despite a cease-fire there …
Factory owner, manager arrested after Indian capital's deadliest fire in 20 years
NEW DELHI (Reuters) - Police in New Delhi have arrested the owner and manager of a factory where 43 people died in the Indian capital’s deadliest fire in 20 years, a spokesman said on Monday.
North Korea calls President Trump 'erratic old man' over tweets
North Korea insulted U.S. President Donald Trump again on Monday, calling him a “heedless and erratic old man” after he tweeted that North Korean leader Kim Jong Un wouldn’t want to abandon a special relationship between the two leaders.
Queensland's Games bid gets tourism tick
Preliminary costs in May 2019 estimated it would cost $5.3 billion to stage the 2032 Olympics and Paralympics in Queensland, but tourism boss says the bid will give Queensland 'focus'.
Medupi is a fitting symbol of the importance of our SOEs – Ramaphosa
The problems with the construction of Medupi and Kusile power stations account for much of the financial crisis at Eskom, says President Cyril Ramaphosa, but they are a fitting symbol of the importance of the country’s state-owned enterprises.
Peace in sight? Paris summit seeks solution for Ukraine war
The summit notably includes the first face-to-face meeting between Zelenskiy, a comic actor and political novice, with Russian President Vladimir Putin.
For Growth Stocks, Profits Are The New Normal
Profitable companies outperform by a wide margin over time, even among high-growth companies, which often post losses early in their lifecycles.This year's equity market landscape is littered with hig
Cheney Warns Trump Disengagement in Mideast Benefits Iran, Russia
The former vice president mentioned Trump by name only once, but his comments cut to the core of several U.S. policies in the Middle East
Swedish court clears Stora Enso over largest wildfire in decades
STOCKHOLM (Reuters) - A Swedish district court on Monday acquitted Finnish paper firm Stora Enso of responsibility for causing Sweden’s largest wildfire in 40 years, instead fining a subcontractor.
Barr warned Trump for months that Rudy Giuliani was becoming a liability, but the president ignored him because he loves Giuliani's fiery media appearances
Rudy Giuliani was a key figure in the events that sparked an impeachment probe, and his actions have long concerned Trump administration officials.
Commission approves pan-EU battery project
The plan aims to invest more than €8 billion in battery projects across Europe over the coming decade.
HSBC COO to Step Down, Amid Senior Management Changes
There’s been a number of changes to the senior management team at HSBC, which have been made as part of the next phase of the bank’s strategy.
2 men in court for allegedly stealing car worth N2.5 million
Two men, Godwin Amuzie and Godspower Imafidon, who allegedly stole a Honda Accord car valued at N2.5 million on Monday appeared before a court...
Four rockets hit military base near Baghdad airport
BAGHDAD — Four Katyusha rockets hit a military base near Baghdad International Airport early on Monday, wounding at least six soldiers, Iraqi security officials said. It was the latest incident in a series of rocket attacks in recent weeks. Iraqi security forces discovered a rocket launcher and some defused rockets nearby after searching the area …
China reportedly bans foreign technology in government offices
China is reportedly planning to ban all government offices and public institutions from using foreign software and computers in a move that could dent sales by US tech companies and increase tensions at a crucial moment in the trade war.
Report: One-third of daycare subsidies goes to kollel families
Daycare subsidies no longer serving original purpose of encouraging women to work in addition to their husbands, report says.
Investors lay siege to SEBI office, demand Karvy-like action against BMA Wealth
On Monday, SEBI’s office came under siege as a crowd of 40-50 stock market investors blocked the main entrance of the regulator’s BKC office building. The commotion led to police being called to guard
Varonis Systems Inc (NASDAQ:VRNS) Given Average Recommendation of “Buy” by Brokerages
Varonis Systems Inc (NASDAQ:VRNS) has been given a consensus recommendation of “Buy” by the seventeen ratings firms that are currently covering the firm, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold recommendation and twelve have issued a buy recommendation on the company. The average twelve-month target price among analysts that […]
House Democrats, USTR nearing deal to pass modified USMCA agreement -WSJ
House Democrats and U.S. Trade Representative Robert Lighthizer are nearing a deal to pass a revised version of the United States-Mexico-Canada ...
West Lothian Council agrees to sell off historic Linlithgow buildings
The former town museum is now in private hands
HSBC reshuffles top team ahead of restructuring
Interim chief Noel Quinn plans big overhaul of group to slash costs in Europe and the US
Indian Full Service Carrier Vistara Signs Codeshare Pact With German Aviation Major Lufthansa
New Delhi (Sputnik): The aviation sector in India contributes $72 billion to its Gross Domestic Product. The country has 464 airports, of which 125 are owned by the government. According to Indian Commerce Ministry statistics, Foreign Direct Investment in India’s aviation sector reached $1.8 billion between April 2000 and December 2018.
Child poverty figures show much more needs to be done
The New Zealand Maori Council has called the latest childhood poverty statistics released by the Children’s Commissioner as appalling for a first world nation and has called upon the Government to do more. Matthew Tukaki, the Councils Executive Director has also indicated that a good per head of population proportion within the data shows that Maori and Pacific communities are most affected.
Housing market heating up
The housing market is heating up ahead of the holidays, with positive signs of growth, according to ASB's latest quarterly housing confidence survey. The results suggested house price inflation was picking up and the upturn was expected to last until the middle of next year. House price expectations rose for the second quarter in a row, with confidence back to average levels at 27 percent, although regional differences remained. Meanwhile, a net 13 percent of respondents said it was a good time to buy a house - the highest level in seven years. However, ASB chief economist Nick Tuffley said there was still a way to go before the market could be thought of as "hot".
Rudy Giuliani Is Living the Dream
Don’t let his butt-dials distract from his cunning.
Money Saving Expert Martin Lewis discusses top bank accounts for children
Martin also told parents which method not to bother with
Yamaha launches BS-VI compliant YZF-R15 bike, price starts at Rs 1.45 lakh
The 155cc will be available across all company dealerships in India from the third week of December 2019, India Yamaha Motor (IYM) said in a statement.
Mutual Funds' asset base hits Rs 27 trn, bank, PSU funds top allocation
Mutual fund houses witnessed an overall inflow of Rs 54,419 crore last month as compared to Rs 1.33 lakh crore in October
I taught at a 'for-profit' college. They're predatory disasters
Students rack up debt for worthless diplomas – debt they default on at twice the rate of their peers at traditional colleges
Electricity vandals throw nine Anambra communities into darkness
EEDC on Monday said that about nine communities were affected by the power outage resulting from the vandalism of the Enugwu-Ukwu 33KV line
EU weighs response to Turkey-Libya maritime border deal
Brussels (AP) - European Union foreign ministers debated Monday how to respond to a controversial agreement between Turkey and Libya that could give Turkey access to a contested economic zone across the Mediterranean Sea.
Goldman raises oil forecast on Opec output cuts
The bank revised its Brent spot price forecast to $63 per barrel for 2020.
Turkey climbs higher in Human Development Index
Turkey made it into the 'very high development' category of UNDP's Human Development Index in 2018, the UN agency announced on Monday, thanks to higher life expectancy and improved standard of living
'It was horrible': CP Rail train derails in Sask., sparking fire that closes highway
The fiery derailment of a Canadian Pacific (CP) freight train overnight left a large swath of highway in Saskatchewan closed Monday morning.
Natural Gas - Something Needs To Happen Soon
The January contract displays an oversold condition.Stocks are slowly dropping.It is too early for carnage on the downside, but time is running out.The spring of 2020 could be ugly - an opportunity.U.
Asian shares rise after buying mood on Wall Street ends week
TOKYO — Asian shares were mostly higher Monday cheered by a buying mood on Wall Street that came at the end of last week.
Satellite images show North Korea tried out rocket engine in 'very important' test: Report
Satellite imagery captured before and after North Korea conducted what it called a "very important" test at its missile launch site suggested it had tested a rocket engine, experts said on Monday. It was the latest of a series of weapons tests and statements from Pyongyang, as its year-end deadline for Washington to soften its stance in denuclearisation talks draws near.
There won’t be increased bus service during the SkyTrain shutdown tomorrow
Coast Mountain Bus Company has announced that it will not be increasing bus service in response to the planned SkyTrain strike by CUPE 7000.
Barr warned Trump for months that Rudy Giuliani was becoming a liability, but the president ignored him because he loves Giuliani’s fiery media appearances
Attorney General William Barr became so concerned about Rudy Giuliani’s actions that he warned President Donald Trump that his personal attorney was becoming a liability, three people familiar with the conversations told The Washington Post.
In a first, Sri Lanka appoints military officer as intelligence chief
It is the first time in Sri Lankan history that a military officer had been appointed as the SIS chief, it added
Riyadh Gears up to Host 40th GCC Summit on Tuesday
Custodian of the Two Holy Mosques King Salman bin Abdulaziz will chair in Riyadh on Tuesday the 40th Gulf Cooperation Council (GCC) summit. Riyadh has previously hosted the GCC summit on eight occasions. GCC Secretary General Dr. Abdullatif Al-Zayani
North Korea Calls Trump 'Erratic' Old Man Over Tweets
Former nuclear negotiator Kim Yong Chol said North Korea wouldn’t cave in to U.S. pressure because it has nothing to lose.
Govt mulls allowing employees to reduce PF contribution
The proposal will face stiff opposition from trade unions, which had earlier expressed strong reservations about the move saying this would defeat the purpose of the social security scheme run by the Employees Provident Fund Organisation (EPFO).
BIO-TECHNE Corp (NASDAQ:TECH) Director Sells $435,700.00 in Stock
BIO-TECHNE Corp (NASDAQ:TECH) Director Harold J. Wiens sold 2,000 shares of the firm’s stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $217.85, for a total value of $435,700.00. Following the transaction, the director now owns 7,221 shares in the company, valued at $1,573,094.85. The transaction was […]
Petrol price hits Rs 75 per litre mark, diesel price crosses Rs 66
The increase pushed price of petrol to Rs 75 per litre in the national capital and that of diesel to Rs 66.04 per litre
Deadly India fire in one of thousands of illegal factories
NEW DELHI (AP) - Day laborers in one of New Delhi's most congested neighborhoods demonstrated against unsafe working conditions on Monday, a day after at least 43 people were killed in a devastating fire at an illegal factory there.
India to witness 7.12% rise in job creation in October-March: Report
India Business News: India is expected to witness a marginal 7% rise in job creation in the October-March period, as subdued economic conditions have dampened employment o
Putin set for landmark Paris talks on Ukraine conflict
Russian leader Vladimir Putin will for the first time hold formal talks with Ukrainian counterpart Volodymyr Zelensky over the conflict in Ukraine's east on Monday, in a much-anticipated summit in Paris.
N. Korean airline increases flights to Russia ahead of deadline for repatriation of workers
North Korea's national carrier has increased flights on a route between Pyongyang and Vladivostok as the deadline for the repatriation of North Korean workers draws near, sources said Monday.Air Koryo increased the number of weekly flights connecting the two cities to five from the previous two this week, according to Vladivostok International Airport. The change is set to last until Dec. 20. The increase appare...
StartersHub, micro VC from Istanbul and San Francisco, to invest in 60 startups from central and eastern Europe
StartersHub, an early-stage tech investment fund based in Istanbul and San Francisco, will back 60 eastern European startups over the next four years in an effort to bridge the gap between pre-seed and seed funding. Arda Aşkin, managing director at StartersHub, explained: “Despite the fact that a record €0.7 billion was invested in CEE startups […]
Rebuilding Zimbabwe starts with strong institutions
It is now apparent that Zimbabwe's socio-economic status needs rebuilding and radical reforms if the country is to develop. The economy is set to contract by at...
Iran Accuses Israel of Nuclear Missile Test Aimed at Islamic Republic
The Arrow 3 is an exoatmospheric hypersonic anti-ballistic missile, jointly funded, developed and produced by Israel and the United States.
JNU: Protest Over Fee Hike Turns Violent, Police Lathicharge Agitating Students
The development comes after the JNU administration rejected the students'demand for complete rollback of the proposed hike in the hostel.
Factory owner, manager nabbed after Indian capital's deadliest fire in 20 years
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Gas Malaysia: Average natural gas selling price to fall for Jan 1-Dec 31, 2020
KUALA LUMPUR, Dec 9 — The average natural gas selling price applicable for Gas Malaysia Energy and Services Sdn Bhd from January 1 to December 31, 2020 will be set at RM33.65/MMBtu, lower by 2.91 per cent or RM1.01/MMBtu, compared to the current price for the distribution segment. The selling...
Vietjet begins direct flights connecting Delhi to Ho Chi Minh City, Hanoi
The Hanoi-headquartered airline had announced these flights in August and had been planning to connect India first in 2017 and then in 2018
Barr warned Trump for months that Rudy Giuliani was becoming a liability, but the president ignored him because he loves Giuliani's fiery media appearances
Attorney General William Barr became so concerned about Rudy Giuliani’s actions that he warned President Donald Trump that his personal attorney was becoming a liability, three people familiar with the conversations told The Washington Post.
European bank finances Turkish bus-ticketing app
The European Bank for Reconstruction and Development (EBRD) has provided $4 million in equity financing to Turkish online bus-ticketing service...
Ataa Educational profits down 5%
Riyadh – Mubasher: Ataa Educational Company reported a 5% year-on-year (YoY) decline in profits during the three-month period ending 31 October 2019. Net profits after Zakat and tax amounted to SAR 16.25 million between August and October 2019, …
On Sonia Gandhi’s birthday, Puducherry CM distributes onions to party workers
In a tweet, the Puducherry chief minister is seen offering prayers at a temple for the long life of Congress chief. He also said that "she has made immense sacrifices for the country".
What Charity Should You Give To?
Rewarding charities that scrimp is less strategic than it sounds.
Romanians, Lithuanians, heaviest EU spenders on food, and non-alcoholic beverages
In 2018, households in the European Union (EU) spent 12.1% of their total consumption expenditure on food and non-alcoholic beverages, with...
Four rockets hit military base near Baghdad airport
Four Katyusha rockets hit a military base near Baghdad International Airport early on Monday, wounding at least six soldiers, Iraqi security officials said. It was the latest incident in a series of rocket attacks in recent weeks. Iraqi security forces discovered a rocket launcher and some defused
Here’s How the US-China Trade War is Helping JD.com Stock Bulls, Bears
Don’t attempt to trade volatile and varied headlines, invest your trust in a powerful trade war pattern setting up on the price chart of JD.com.
EFCC secures conviction of 111 fraudsters in Southeast in 11 months
EFCC says it has obtained the conviction of 111 fraudsters in the South East between January and November, 2019, secured the final forfeiture of N1.5billion
'Buyer's Price' program to continue until June 2020
Programming offering subsidized homes for first-time buyers will continue through first half of 2020, Finance Ministry says.
Qatar’s Emir Unlikely to Attend Gulf Summit in Riyadh
(Bloomberg) -- Qatar’s emir isn’t likely to attend the Gulf Cooperation Council heads of state summit starting Tuesday in Saudi Arabia, according to people familiar with the matter who confirmed progress toward mending a drawn-out regional rift while tempering expectations of a breakthrough this week.Sheikh
F&O: Market to see major selloff if Nifty slips below 11,888 mark
In monthly options, maximum Put open interest was at 12,000 followed by 11,500 levels.
Malaysia reports first case of polio since 1992
A three-month-old Malaysian infant has been diagnosed with polio, the first case reported in the country in nearly three decades, a top health official said on Sunday.
Almarai to distribute SAR 0.85/shr
Riyadh – Mubasher: Almarai Company’s Board of Directors has recommended distributing cash dividends to shareholders for 2019 at SAR 0.85 per share, equivalent to 8.5% of the share’s par value. The dividends will have a total amount of SAR 850 …
Go for quality in consumption stocks: Andrew Holland, Avendus Capital
The auto sector corrected in the past year and that is why we see value and prices rebounding in some cases
FAI crisis: ex-president says liabilities could be ‘close to €80m’
Brendan Menton says all stakeholders need to work together to solve funding crisis
FAI, Shane Ross and Sport Ireland called to emergency meeting
Ex-president of FAI says association’s liabilities could be ‘close to €80 million’
The heat builds as the fires burn in Australia
The Australia Bureau of Meteorology (BoM) is forecasting a heatwave across the northern half of the country this week as firefighters continue to battle bushfires.
Using Kyoto credits to meet Paris agreement 'misses the point': Garnaut
A reliance on "carryover credits" to meet an emissions reduction pledge will ultimately cost the economy more than taking decisive climate action, Ross Garnaut says.
SIPCHEM plans 10% share purchase as treasury shares
Riyadh – Mubasher: The board of Sahara International Petrochemical Company (SIPCHEM) has recommended purchasing up to 10% of the company’s ordinary shares. The purchased shares will be held by SIPCHEM as treasury shares through cash balances or …
Daily Onion Price Tracker– December 9, 2019
Onion prices continued to rise in various parts of the country, with the minimum price of the commodity moving up to ₹45 a kilo on Monday from ₹43 on Saturday. In Rampurhat, West Bengal, prices of oni
Mount Sinai Hospital emergency department is a ‘war zone,’ workers say
Mount Sinai Hospital is considered one of the best in the country — but its emergency department is a “war zone” and a danger to the very patients it is supposed to save, current and former
AstraZeneca’s Calquence impresses in previously untreated CLL
AstraZeneca’s Calquence has been buoyed by impressive survival data in previously untreated chronic lymphocytic leukaemia, stacking up its case for dominance in the therapy area.
Hope to reach trade agreement with US as soon as possible: China
China said on Monday that it hoped to make a trade deal with the United States as soon as possible, amid intense discussions before fresh US tariffs on Chinese imports are due to kick in at the end of the week. Beijing hopes it can reach a trade agreement with the United States that satisfies both sides, Assistant Commerce Minister Ren Hongbin told reporters on Monday.
NGT asks Pollution Control Board to curb plastic manufacturing violations
The NGT had earlier said there was no proper mechanism for plastic waste management in the country and directed the CPCB to take necessary action in this regard.
Stronger US dollar curbs demand for ringgit
KUALA LUMPUR, Dec 9 — The ringgit closed lower against the US dollar today as the positive sentiment for the greenback curbed interest for local currency. As at 6pm, the local note was quoted at 4.1590/1630 against the US dollar compared with Friday’s close of 4.1580/1610. A dealer said the...
Insider Selling: Consolidated Water Co. Ltd. (NASDAQ:CWCO) Director Sells 10,000 Shares of Stock
Consolidated Water Co. Ltd. (NASDAQ:CWCO) Director Raymond Whittaker sold 10,000 shares of the business’s stock in a transaction dated Thursday, December 5th. The stock was sold at an average price of $16.52, for a total transaction of $165,200.00. Following the transaction, the director now owns 16,065 shares in the company, valued at $265,393.80. The transaction […]
Fed unlikely to move policy this week – Deutsche Bank
Deutsche Bank analysts suggest that the US Fed is not expected to move policy by anyone this week and is likely to maintain status quo. Key Quotes “Th
The unappealing fate of the WTO’s Appellate Body
Unless there is a massive U-turn by the US, the institution will grind to a halt
Sensex rises 42 points; bank, auto stocks shine
Among the Sensex stocks, HDFC emerged as the top gainer, rising by 2.06 per cent, followed by Axis Bank, Maruti, Reliance, Power Grid and Tata Steel. On the other hand, TCS, HCL Tech, L&T, IndusInd Bank, Tech Mahindra, SBI and ITC lost up to 2.93 per cent.
Out on Bail, Honeypreet Insaan Meets Dera Chief Gurmeet Ram Rahim In Sirsa Jail
The meeting between Honeypreet Insaan and Gurmeet Ram Rahim in Sirsa jail continued for about one and a half hours.
Leave It To Peter Wherrett To Explain How The 1970s Transformed Cars
After the large V8s and bulky shapes of the 1960s, times got tougher for automakers. The market got more competitive and challenges like safety concerns and fuel shortages drove manufacturers to think harder about what cars should be like. It was a complicated process, but Peter Wherrett is here to coach us through...
Goldman Sachs sees gold soaring 9% in 2020 as Trump's trade-war and recession fears grip investors, Business Insider - Business Insider Singapore
Business Insider - The investment bank pointed to a host of reasons, even Modern Monetary Theory, as factors in its forecast.. Read more at businessinsider.sg
Analysts Expect Icon Plc (NASDAQ:ICLR) Will Announce Earnings of $1.83 Per Share
Brokerages predict that Icon Plc (NASDAQ:ICLR) will report earnings of $1.83 per share for the current quarter, according to Zacks. Six analysts have made estimates for Icon’s earnings, with the highest EPS estimate coming in at $1.84 and the lowest estimate coming in at $1.81. Icon posted earnings of $1.62 per share during the same […]
Big tax cuts may be coming for middle class in next Budget; here's why
Responding to a question at an event in Delhi recently, finance minister Nirmala Sitharaman also said that the government was looking at myriad suggestions and the relaxation on personal income tax was one of them before it presents the Union Budget 2020 in February next year
Deadly India fire in one of thousands of illegal factories
NEW DELHI (AP) - Day laborers in one of New Delhi's most congested neighborhoods demonstrated against unsafe working conditions on Monday, a day after at least 43 people were killed in a devastating fire at an illegal factory there.
Italy's Conte calls for a change in EU competition rules
ROME (Reuters) - Italian Prime Minister Giuseppe Conte called on Monday for a change to European Union competition rules, saying current regulations were hindering the growth of European giants.
Flamboyant governor of Kenya's capital charged with graft
NAIROBI, Kenya (AP) - The flamboyant governor of Kenya's capital city, Nairobi, has been charged with 19 counts of graft-related charges as the country struggles to tackle runaway corruption.
Swedbank revamps management after money laundering probe
STOCKHOLM (Reuters) - Swedbank (SWEDa.ST) said on Monday its chief risk officer was leaving as the Swedish bank’s new CEO revamps its structure to regain customer trust after a money laundering scandal sent its shares down 40% in the past year.
Cryptocurrency Exchange OKEx to Launch Options Trading This Month
Malta-based cryptocurrency exchange OKEx announced that it will launch crypto options trading on Dec. 27.
Petrol price hits Rs 75 per litre-mark, diesel crosses Rs 66
India Business News: Petrol price on Monday hit Rs 75 a litre mark for the first time in more than a year & diesel price crossed Rs 66 a litre mark in the national capital
Gold Losing Its Luster
One reason for owning gold is it tends to serve as a safe haven asset and performs well in an environment where economic activity is slowing.On the other hand, investors might look to copper as an inv
REUTERS NEWS SCHEDULE AT 11 a.m. GMT/6 a.m. ET
Here are the top stories and upcoming coverage plans for Reuters text service as of 11 a.m. GMT/6 a.m. ET. For a full schedule of news and events, go to our editorial calendar on Reuters Connect https://www.reutersconnect.com/planning.TOP STORIESGLOBALNEWZEALAND-VOLCANO/'Sudden' volcano eruption in New Zealand kills five, several missing
Samsung executives guilty of destroying evidence in fraud case
Three employees jailed for up to two years in case linked to $3.9bn accounting fraud
Turkey deports 11 French suspected ISIL members
Turkey has deported 11 French nationals who are suspected of being members of the ISIL (ISIS) armed group.
Barr warned Trump for months that Rudy Giuliani was becoming a liability, but the president ignored him because he loves Giuliani's fiery media appearances, Business Insider - Business Insider Singapore
Business Insider - Rudy Giuliani was a key figure in the events that sparked an impeachment probe, and his actions have long concerned Trump administration officials.. Read more at businessinsider.sg
EU approves €3.2bn research fund for battery development
The European Commission has approved a €3.2bn (£2.7bn) state aid fund from seven European Union countries for research into battery technologies.
Census Bureau head says IT concerns are being remedied
ORLANDO, Fla. (AP) — Information technology problems at the U.S. Census Bureau have been fixed or are in the process of being remedied, despite recent reports raising concerns about the...
USD/CAD Technical Analysis: Bulls gearing up for a move towards reclaiming 1.3300 handle
The USD/CAD pair extended its sideways consolidative price action through the mid-European session on Monday and remains confined in a narrow trading
Airbus Logs $18B Mega Orders
Big orders from Emirates and Air Arabia announced at Dubai Airshow have been logged.Delivery profile not fully satisfactory.Airbus book-to-bill ratio approaches 1.
GBP positioning higher ahead of election – ING
According to CFTC data for the week between 27 Nov-3 Dec, speculative investors have trimmed some GBP shorts with latest polls keep cementing the pros
Cisco Stock May Be a Great Value Name
Cisco stock offers many compelling features. CSCO stock is one or two pieces away from being great for growth and income investors.
Here is why Jumia has closed shop in Rwanda – Techjaja
Starting from today, Jumia Rwanda will no longer be able to accept cash on delivery and can only process pre-paid orders.
€80,000 funding approved for seven Mayo Social Enterprises
THE Minister for Rural and Community Development, has announced the allocation of €81,590 through his department’s Dormant Accounts Fund to support seven social enterprise projects in Mayo.
Russia: CBR prepping to cut another 50bps – TDS
Analysts at TD Securities are expecting the CBR to cut the Key Rate by another 50bps to 6.00% on Friday. Key Quotes “The consensus is less dovish and
Defeating the HIV epidemic is more about politics than science
Preventive drugs should be widely accessible, but corporate power has left Americans – especially those of color – in grave danger
If You See Someone Driving a Tesla Cybertruck Around Los Angeles, It's Elon Musk
A leaked video proves Cybertruck is street legal, but maybe a little difficult to maneuver.
SailPoint: Potential Tailwind Ahead, But Expect Some Sales Execution Issues
The broader data privacy trends in particularly US and Europe will drive growth for SailPoint going into FY 2020.We see SailPoint's platform as a painkiller for enterprises to navigate the complexitie
‘IDB membership can help project exporters penetrate LAC market’
The Export Import Bank of India (Exim Bank) has urged the the government to consider taking membership in Inter-American Development Bank (IDB). This could provide opportunities for Indian project exp
Nairobi governor pleads innocent to graft charges, bail ruling Wednesday
NAIROBI (Reuters) - The governor of Kenya’s capital Nairobi pleaded not guilty in court on Monday to corruption and other economic crimes involving millions of dollars.
Corporate appetite in MENA grows in 5 years – Arabnet Report
Mubasher: The entrepreneurial ecosystem across the Middle East and North Africa (MENA) has been grabbing global and regional attention, with higher investor appetite and interest in the region’s startups, according to Arabnet report. The “State of …
iDreamSky in talks to buy Leyou
Mobile publisher would get controlling interest in fellow Chinese outfit with stakes in Digital Extremes, Splash Damage, SNK Playmore
Wealth of Canadians divided along racial lines, says report on income inequality
One interesting finding was that racialized men have a higher employment rate than non-racialized men
Square Stock Has the Only ‘CEO Bro’ We Can Trust
Because of African demographics and economic realities, the opportunity for first-to-market dominance is too lucrative to pass up for Square stock.
Rugby Australia backs CEO Castle amid criticism over Folau case
Rugby Australia (RA) have backed embattled Chief Executive Raelene Castle to continue in the role in the wake of intense criticism over her ...
Xinyuan Real Estate: The News Is Not Good
Results from the last quarter are disappointing.Almost every financial indicator is negative.The ongoing liquidation of TPG's holdings exerted further downward pressure on the stock price.
Wealth of Canadians divided along racial lines, says report on income inequality
One interesting finding was that racialized men have a higher employment rate than non-racialized men
FIRS Chairman: Buhari Makes Fresh Appointment As Fowler’s Tenure Ends
President Muhammadu Buhari has appointed Muhammad M. Nami to replace Babatunde Fowler as the chairman of the Federal Inland Revenue Service (FIRS).
FIRS Chairman: Nigerians React As Buhari Nominates Fowler’s Replacement
The tenure of Babatunde Fowler as the Chairman of the Federal Inland Revenue Service (FIRS) ended today, with President Buhari opting not to reappoint him for a second tenure.
Govt further caps stock limit on onion retailers to 2 tons to check hoarding
Last week, govt had reduced the stock holding limit for retailers to 5 tonnes from 10 tonnes while that on wholesalers to 25 tonnes from 50 tonnes as onion prices were ruling high up to Rs 150 per kg. Retail onion prices have risen in the past two months due to short supply owing to fall in production of kharif (summer) crop after heavy rains.
2020 election crucial for US to catch up on climate action
A significant expansion of state, city, and business climate action could reduce US greenhouse gas emissions by up to 37 percent by 2030 over 2005 levels even without federal support, according to projections published Monday. The figures were compiled by America's Pledge, a group founded in 2017
Fashion firm ordered to pay sales exec. €94k as case hears CEO hacked her intimate photos
A chief executive of a fashion company here hacked into a female colleague’s phone and downloaded the woman's personal intimate photos.
Crypto Community Crowns Tezos (XTZ) As The New ‘Ethereum of 2017’
Ever since its launch last year, Tezos has done quite a lot to improve its feats and keeps on doing so. As the company appears to continue with
Iran says ready for more US prisoner swaps
Trump thanked Iran for what he called a 'very fair negotiation' after an American scholar was released on Saturday
Dalat Hasfarm said to have raised $70m from Lombard Investments
International private equity firm Lombard Investments said to have invested $70 million in Vietnamese floriculture company Dalat Hasfarm in lieu of a majority stake.
Amazon is opening a new office in New York City. Here are 11 mind-blowing facts that show just how wealthy CEO Jeff Bezos really is., Business Insider - Business Insider Singapore
Business Insider - Worth an estimated $109 billion, Bezos is so rich that an average American spending $1 is comparable to the Amazon CEO spending $1.2 million.. Read more at businessinsider.sg
Buhari jets out to Egypt on Tuesday
President Muhammadu Buhari is expected to depart Abuja Tuesday for Aswan, Egypt to attend the Aswan Forum designed to set.
Chipotle has nurses who check if workers are actually sick or just hungover
At a conference last week, the CEO of Chipotle said the restaurant chain now has nurses on call who check whether some workers who call in sick are actually ill or just hungover.
Allakos Does It Again; bluebird And Sunesis Data: The Good, Bad And Ugly Of Biopharma
Allakos has spiked on sales chatter, despite being only in Phase 2 stage.bluebird bio reported positive data from the KarMMa trial.Vecabrutinib, a BTK inhibitor from Sunesis, produced disappointing da
Small business hiring slow, likely to remain so, reports say
NEW YORK (AP) - Two reports last week show that small business hiring still lags behind the strong job growth reported at larger companies, and that owners are unlikely to increase their staffs significantly in 2020.
Former Federal Reserve Chairman Paul Volcker has died
Paul Volcker, who as Federal Reserve chairman in the early 1980s elevated interest rates to historic highs and triggered a recession as the price of quashing double-digit inflation, has died, according to his office.
Factbox: Volcker quotes on U.S. banks, inflation, government
WASHINGTON (Reuters) - Paul Volcker, the towering former Federal Reserve chairman who tamed U.S. inflation in the 1980s and decades later inspired tough Wall Street reforms in the wake of the global financial crisis, died on Monday at the age of 92.
Saudi Arabia ends gender-segregated entrances for restaurants
Restaurants in Saudi Arabia will no longer need to maintain entrances segregated by sex, the authorities said on Sunday, further eroding some of the world's strictest social rules as sweeping reforms take hold.
Hotel occupancy law not designed to tax Imo citizens arbitrarily —Ihedioha
Gibson Achonu, Owerri Governor Emeka Ihedioha of Imo State has said that one of the three bills he signed into law recently is not designed to tax Imo citizens arbitrarily. Rather, he said, ...
Seduced and abandoned: tourism and climate change in the Alps
Rising temperatures have contributed to the decline of hundreds of ski resorts on Italian slopes
Macy’s Spotlights Women-Owned Businesses With SoGifted
Macy's is partnering with the female-led millennial venture capital fund SoGal Ventures to launch an in-store initiative focused on women-owned businesses.
Japanese Trade Minister to discuss RCEP pact with Goyal
Talks may discuss New Delhi’s concerns, suggest ways to make Indian industry more competitive
Court sentences fake doctor to 54 years in jail
The State High Court 1 in Yola, Adamawa State, has sentenced a fake medical doctor, Ibrahim Mustapha, to 54 years in jail.
Rights Group Calls For Amendments To Russian Domestic Violence Bill
Human Rights Watch (HRW) is calling on Russian lawmakers to amend a long-awaited draft law addressing domestic violence in order to bring it in line with international standards and include key protections for victims.
Brent may stay range-bound in Q1; risks loom in 2020
Last week’s OPEC+ decision to cut output by a further 500,000 barrels a day during the first quarter of 2020 – in addition to the existing cut of 1.2 million barrels a day – has not had the big bang i
Albania Earthquake
Albania's prime minister on Monday hailed the work of Israeli engineers who have come to the country to help in the aftermath of a devastating earthquake that destroyed thousands of buildings. The Israelis are among scores of foreign engineers and experts who have come or will be headed to the country
European Union to prolong Russia sanctions: German minister
EU leaders will renew economic sanctions against Russia when they meet for a summit this week, German Foreign Minister Heiko Maas said Monday. Maas said he saw no reason to relax the measures imposed on Moscow over its role in the conflict in eastern Ukraine. The sanctions target whole sectors of the Russian economy, including its valuable oil and gas industries.
FIRS: Buhari appoints Nami to replace Fowler (Updated)
President Muhammadu Buhari has appointed Mohammad Nami, a renowned tax consultant to replace the Chairman of Federal Inland Revenue Service, FIRS....
West Herr buys Transitowne Hyundai and moves it
West Herr Automotive Group has acquired Transitowne Hyundai and moved the dealership about 2 miles up Transit Road, to Clarence. Terms of...
Delhi fire tragedy: A tale of failed regulation and chaotic urbanisation
The political economy encourages vast, largely unregulated industrial activity, in utter violation of labour, safety and environment laws
Lost your spare car key? Your claim might just get rejected
You insure your vehicle so that you can get financial assistance in case of repair services, an accident or any such eventuality. However, there are some situations wherein the insurer can reject your vehicle insurance claim. One of the major ones is the absence of all keys
CEO hacked employee’s phone and downloaded ‘intimate’ images
WRC awards ex-worker with fashion firm €94,000 for sexual harassment and unfair dismissal
Mainstream taps Rothschild for equity partner search
Eddie O’Connor owns 55% of company
Smartly Avoid General Electric Stock Dividend for Capital Appreciation
Reassuring news that General Electric was keeping its dividend should move GE stock higher. But, profit-taking is likely to occur first.
'EV charging biz to grow at 50 by 2022 in India'
Power and energy management firm Delta Electronics expects its electric vehicle charging business in India to grow around 50 per cent per annum in the next three years with more car makers bringing their EVs into the country, according to a senior company official. The company, which has
Lord & Taylor returning to New York with pop-up store
Lord & Taylor is reopening in New York less than a year after shuttering its flagship department store. But the new store will only be open for a limited time.
Istanbul metro line seeks to improve air quality
Metro Istanbul, which runs the metro services in the city, joined forces with Istanbul municipality's environmental agency to improve air quality in metro...
Saudi Arabia Backs Investment in Wireless Sensors to Forecast Floods, Weather Conditions, Natural Disasters
Two Saudi investment funds have revealed financing a promising wireless environmental sensor project. This step comes in line with the Kingdom’s attempt to support and bolster technical innovations and exerted efforts by private financing entities to
Cadence Design Systems: Great Prospects, Mostly For The Operations
Cadence Design Systems is an undercovered beneficiary of the continued semiconductor boom.The company is well positioned and has a good track record, yet valuations have gotten a bit out of hand.I lik
SPONSORED: Unprecedented reduction in member commission rates at ANM
Aberdeen & Northern Marts (ANM) has announced a transformational change to livestock commission rates bringing significant reductions for customers who are shareholders in its co-operative business.
Broad participation of Turkish auto parts suppliers in major Shanghai fair
Turkey, along with Taiwan and Germany, saw the highest turnout at the 15th Automechanika Shanghai, which brought together the world's leading auto parts...
Pace of housing starts edges up in November on strength in B.C., Alberta
Canada Mortgage and Housing Corp. says the annual pace of housing starts edged higher last month compared with October, although there were declines in five provinces.
PM Narendra Modi met Sports Ministry officials over Tokyo Olympics preparation
Modi headed the meeting at his residence, 7 Lok Kalyan Marg, on November 20.
Poachers kill 2 southern white rhinos
This comes after six years of successfully keeping all rhinos in the conservancy safe.
South African Electricity Utility Reveals Cause Of Worsening Power Crisis
South African electricity utility Eskom on Monday blamed rains for worsening rolling power blackouts that have continued for five days running, Concise News reports.
Israeli fish farmers give peckish migratory pelicans a free lunch
Migratory pelicans have long raided Israeli fish farms, which try to deter them with loudspeakers, laser beams and by firing blank rounds from rifles. In their desperation, they have come up with another way: offering the birds a free lunch.
'Recent spike in retail inflation mainly on costlier food, government taking steps to moderate prices'
India Business News: The recent spike in retail inflation is mainly due to high food prices and the government is taking steps to moderate the volatility in prices, minist
Jhunjhunwala likely to withdraw from YES Bank's preferential share offer
Lender’s board may also reject the $1.2-b offer by Erwin Singh Braich, SPGP Holdings
Buhari travels to Egypt Tuesday - Premium Times Nigeria
President Muhammadu Buhari will depart Abuja Tuesday for Aswan, Egypt, to attend the Aswan Forum designed to set “An Agenda for Sustainable Peace
I'm young, single, and healthy, but I just bought $300,000 of life insurance and it was a no-brainer
Realizing that my own death could create a financial burden for my family members made it clear to me that life insurance is a no-brainer.
Nigerians React As Buhari Replaces Babatunde Fowler As FIRS Chairman
The tenure of Babatunde Fowler as the Chairman of the Federal Inland Revenue Service (FIRS) ended today, with President Buhari opting not to reappoint him for a second tenure.
Exercise improves key measures of cardiovascular health
Eight months of daily, afterschool physical activity in previously inactive 8- to 11-year-olds with obesity and overweight improved key measures of their cardiovascular health like good cholesterol levels, aerobic fitness and percent body fat, but didn't improve others like arterial stiffness, an early indicator of cardiovascular risk, investigators report.
Zimbabweans in The Diaspora to pay USD318 for emergency Passports
Zimbabweans in The Diaspora to pay USD318 for emergency Passports in a bid by the government to clear the passport backlog that has balloned to 300k
Imran urges overseas Pakistanis to invest in Pak, says learn from Indians
He lamented that Pakistani people were unaware of the dire consequences corruption could have on their lives
Imported onions reach Dindigul market
Farmers begin cultivation of shallots
Organisations demand release of 9 activists in Koregaon Bhima violence case
Noted journalist Nikhil Wagle, who was present at the press conference, said, "These cases were foisted by the previous Devendra Fadnavis government.
Tariff hikes can double telcos operating profit in FY21: Report
India Business News: The steep tariff hikes, effected earlier this month by the battered telcos which held prices at rock bottom levels for nearly five years, can help mor
Russia confident UK's top court to rule in its favor in Eurobond case vs Ukraine
The Russian finance ministry said on Monday it remained confident that the UK Supreme Court would rule in Moscow's favor in a Russia-Ukraine $3 billion Eurobond case, it said in a statement. The debt was borrowed six years ago by a pro-Russian president months before he was toppled in a popular
Palestinians in Bethlehem look beyond religious tourism
BETHLEHEM, Palestinian Territory - For decades, the people of Bethlehem have watched tour buses drive up to the Church of the Nativity, disgorge their passe
Fowler out, Muhammad Nami in – here are few things you need to know about the new head of Nigeria's revenue-generating agency, FIRS
The Nigerian government has appointed Muhammad M. Nami as the new chairman of the country's revenue-generating agency, Federal Inland Revenue Service.
Mexico may accept US steel trade rule, rejects aluminum
Mexico may accept U.S. requests for greater regional content on steel, as long as there is a five-year phase-in period.
Child poverty efforts must be escalated
9th December 2019
Paul Volcker, former Federal Reserve chairman, dies at 92
The economic statesman's greatest historical mark: shocking the US economy out of a cycle of inflation and setting the stage for a generation of prosperity.
Formula for Success? On the Value of Motorsport Sponsorships
Various brokers have invested their marketing budgets in motorsport sponsorships. Finance Magnates examined whether it was worthwhile
Irish pig prices remain stagnant at below €2/kg mark
It has been outlined that there has been no rise given in quotes from Irish pig factories for a fourth week in succession.
St Andrews luxury hotel and golf course sold to Hong Kong investors
Fairmont St Andrews, one of Scotland’s most prestigious hotels, has been sold to a new Hong Kong property company targeting global investments in the golf and hospitality industries.
US SEC Seeks to Reopen Case Against Bitcoin Fraudster, Seeks Penalties
The U.S. SEC is seeking to reopen a case against Bitcoin fraudster Renwick Haddow, as he has not resolved the regulator’s claims for monetary relief.
Paris summit seeks resolution to Ukraine war
A series of meetings are being held at the Elysee presidential palace to try to revive a 2015 peace deal that has been largely ignored.
Sebastian Suhl to Exit Valentino
Suhl joined the couture house in January 2018 as managing director of global markets.
Sumanahalli flyover: Report points to major distress in bearing support, expansion joints
Distress treatment, repairs to cost the BBMP around ₹40 lakh
Bitcoin Road to $100K: Peter Brandt Explains the When and How
Bitcoin is heading towards the $100,000 mark, according to veteran commodity trader Peter Brandt, who shared his analysis in a new video clip. However,
Where households can save their money
Recent trends show a decent return in low-risk instruments. However, inflation has diminished the actual income on savings
The Pros and Cons of Standard vs. Itemized Tax Deductions
It shields a portion of your earnings from income tax. While the standard deduction is the government's built-in subtraction that you can take while preparing your taxes, itemizing is composed of individual deductions that, together, can help lower the amount of taxable income you pay. Read on to
The US raked in a record $7.2 billion in tariffs in October, new data shows
While the White House has asserted that foreign exporters pay tariffs, there's evidence those costs largely fall on domestic business and consumers.
Shopify Stock Will Continue to Amaze Investors in 2020
Shopify stock, which is up 165% this year, still has more upside opportunities like the one from last week. The triggers are close.
U.K.: The Page Has Turned
Elections are providing outlet for Brexit uncertainty.GDP forecasted to grow and stabilise.UK has fiscal space for mitigating negative Brexit outcomes.
Mahfuz: 59,689 cabbies, e-hailing drivers have signed up with Socso since October
KUALA LUMPUR, Dec 9 — About 59,689 taxi and e-hailing drivers have registered under the Social Security Organisation (Socso) since October this year, said Deputy Human Resources Minister Datuk Mahfuz Omar. He said various initiatives were undertaken by the government, to attract the public...
U.S.-Taliban talks resume, raising prospect of an end to America's longest war
A Western official told NBC News that Washington had "ambitious timelines" for the talks and was pushing to secure a deal by the end of December.
Bike-borne miscreants loot 50 kg onions from rickshaw puller in UP’s Gorakhpur
The incident took place on Sunday afternoon when the rickshaw puller was going to deliver the onions to a hotel. "Police is checking the CCTV footage and action will be taken on the basis of investigation," Superintendent of Police (city) Kaustabh said.
Aphria Is Making the Right Moves to Survive Marijuana Slump
The outlook for cannabis stocks remains challenging. But if anyone can turn it around in 2020, it could well be Aphria.
Clarks announces loss of 170 jobs just weeks before Christmas
A spokeswoman confirmed 170 staff members will be made redundant and 80 of these workers are based at its Somerset headquarters in Street
Tariff hikes likely to double telcos operating profit in FY21: Report
The Supreme Court order on the AGR puts a burden of Rs 1.47 lakh crore on the industry that has been bleeding for years and sitting on a debt pile of close to Rs 4 lakh crore
US continues to block appointment to key WTO body
Washington spurns the draft General Council decision presented by facilitator
Wealth of Canadians divided along racial lines, says report on income inequality
One interesting finding was that racialized men have a higher employment rate than non-racialized men
FG targets $500 AfDB loan to boost technological innovation
The Minister of Industry, Trade and Investment, Richard Adebayo, said the Federal Government has initiated moves to secure a $500 millon (AfDB) fund
Fed Study: Electronic Devices Used In 24 Pct. Of Consumer Payments
Among the findings of the 2018 Diary of Consumer Payment Choice, produced through several of the U.S. Federal Reserve Banks, electronic payments are on the rise.
The Probability Of A U.S. Recession - December 2019
Identifies and discusses two U.S. recession probability models.Shows the current and historical readings of these models.Compares the models' probabilities to the average estimate from a recent survey
Ex-Rep. Scott Taylor to seek old Virginia seat
Former Rep. Scott Taylor (R-Va.) will drop his challenge to Sen.
Ready for more United States prisoner swaps: Iran
Iran said Monday it was open to more prisoner swaps with the US while stressing an exchange at the weekend was not the result of formal negotiations with its arch-foe. US President Donald Trump thanked Iran for what he called a "very fair negotiation" after an American scholar was released Saturday in exchange for an Iranian scientist held in the United States.
Jokowi appoints Rudiantara as PLN president director: Luhut
President Joko “Jokowi” Widodo has named former Communications and Information Minister Rudiantara as the new president director of state-owned utility company PLN, says an official close to the President.
Amazon accuses Trump of 'improper pressure' to influence Pentagon contract decision
Amazon is accusing President Trump of exerting "improper pressure" to influence the Pentagon to award a lucrative cloud-computing contract to Microsoft instead of Amazon, which was a clear
Serious lapses in CCRC construction: Chennithala
Leader of the Opposition Ramesh Chennithala, who visited the construction site of the Cochin Cancer Research Centre where the porch roof that was newly built had collapsed last Monday, said that it wa
Aerospace engineer Senior mulls selling aerostructures division
Senior has admitted it is thinking about selling off its aerostructures division, in a deal that could be worth up to £450m.
China Fires Another Salvo as the Trade War Kicks into High Gear – Orders Government Offices to Purge Western Tech
China is planning to purge all public offices of foreign-sourced technology in a policy that has come to light only recently.
World's 'largest collection' of rare whiskies on sale
Lovers of very expensive whisky will get the chance to bid on nearly 4,000 rare bottles acquired by a late U.S. soft drink bottling company executive.
Bank of Baroda to sell up to 1.04 crore UTI AMC shares in IPO
Last week, the country's largest lender State Bank of India (SBI) had approved diluting up to 8.25 per cent stake in UTI AMC.
Construction of roads in Ugbowo to commence soon, Obaseki assures
The Edo State Governor, Mr. Godwin Obaseki, has reaffirmed his support for the new Vice-Chancellor of the University of Benin...
Sweden charges former China envoy over Gin Minhai meetings
Swedish prosecutors suspect Anna Lindstedt of organising a meeting in January between Gui’s daughter, China's ambassador and two businessmen about the possible release of her father, a dissident bookseller who is current imprisoned.
DocuSign: Time To Lock In Profits
Shares of DocuSign soared nearly 10% after reporting Q3 results, extending a recent win streak ever since the company warned of sales execution issues in Q1.Revenue growth of 35% y/y beat Wall Street'
UPDATE 1-Brazil cattle passing through feedlots grows 2% - DSM
(Adds other remarks by DSM execs, detail on 3-NOP launch)SAO PAULO, Dec 9 (Reuters) - The number of cows slaughtered in Brazil after spending 90 days in feedlots is estimated to have grown by 2% to about 5.3 million head in 2019, a survey of Brazil's cattle market by Dutch animal nutrition company DSM showed on Monday.The figure will continue to grow as Brazilian ranchers seek more efficient ways to raise and finish livestock, DSM executives said at a media presentation, adding that an estimate for 2020 will be released in February.
Tariff hikes to double telcos' Ebitda: Crisil
In the last few weeks, Airtel, Vodafone and Jio have increased their tariff- a first since 2016.
Uncle of Syria's Assad faces money laundering trial in Paris
Syrian regime leader Bashar Assad's uncle went on trial in Paris Monday on charges of pilfering Syrian state coffers and using the spoils to build a...
East Kilbride Clintons store saved from pre-Christmas collapse
The chain has bought itself out of administration saving 2500 jobs nationwide.
Kosovo files IS terror charges against man, wife and mother
Kosovo prosecutors filed terrorism charges Monday against three ethnic Albanians who returned to the small European country in May after allegedly joining the Islamic State group in Syria. Prosecutors said the three are a man, his wife and his mother.
Mexico president says senators OK’d changes to USMCA trade pact
MEXICO CITY, Dec 9 — Mexican President Andres Manuel Lopez Obrador said today that the country’s senators have accepted proposed changes to the United States-Mexico-Canada Agreement as US lawmakers mull ratifying the trade pact. Speaking during his regular morning news conference, Lopez Obrador...
A new North American trade deal looks like it's close
Impeachment hearings don't look like they're getting in the way of Congress hammering out a new trade deal for North America. Richard Trumka, the president of the American Federation of Labor and Congress of Industrial Organizations, said Monday that there's a deal in place. He added that he'll meet with his executive committee in the afternoon to discuss it, but he hinted that he feels optimistic about it. "We have pushed them hard and have done quite well," he said. The AFL-CIO is a key player in the negotiations, since it's the largest federation of unions in the U.S. The organization opposes the existing North American Free Trade agreement between the U.S., Mexico, and Canada, which it blames for the decline in manufacturing jobs with good wages, so its support likely means the potential agreement includes stronger labor protections than NAFTA or the replacement agreement signed by President Trump in 2018. Republicans in both chambers are expected to support the new deal overwhelmingly, and the AFL-CIO stamp…
These are the sad reasons Nigerian airlines struggle and fail
The CEO of AMCON, Mr Ahmed Kuru, has listed out the factors responsible for the failure of airlines in Africa’s largest economy.
10 Tax Moves to Make Before 2020
Time is running out to get yourself set up for success when tax filing season starts up early next year.
Just Eat takeover battle hots up with fresh $6.5bn Prosus bid
Offer is about 5% ahead of all-share bid from favoured suitor Takeaway
LOHA designs affordable housing complex for difficult site in Los Angeles
Steel shipping containers will be used to form this affordable housing complex on a triangular site in Los Angeles, designed by LOHA.
How Much Foreign Equity Exposure Do Investors Need? (Podcast Transcript)
With U.S. equities outperforming their foreign counterparts by 170% over the past decade, it's not surprising that large numbers of investors continue to fall into the home bias trap.Looking at the hi
HC stays toll collection on Doddaballapur highway
Government was unable to confirm that work on the State Highway has been completed
Pound a Solid "Contrarian" Bet Against the Dollar for Early 2020: BofA
Foreign exchange strategists at Bank of America Global Research have confirmed they remains positioned for a further recovery in the Pound against the U.S. Dollar, describing the stance as one of their "best contrarian G10 FX trades" for the foreseeable future
Dozens of States Want to Keep America’s Broken Climate Promise
States still aiming to meet U.S. climate commitments will reduce emissions 20 to 27 percent below their all-time high by 2025, a new report card shows.
American Airlines sets record for number of days without a cancellation
Three of those days without a canceled flight came during the Thanksgiving weekend.
Retail Major Walmart To Help MSMEs In India In Enhancing Capacity, Supply Chain; Launches Support Initiative
Under the initiative, the company aims to train around 50,000 micro, MSME in next five years, across 25 institutes.
Fitch: Smoother Italy-EU relations do not remove fiscal uncertainty
Political divisions and differing policy views within Italy's governing coalition are likely to constrain meaningful tax & structural reforms, Fitch R
Disabled people score a win in superannuation entitlements
Disabled workers have received a boost with the Fair Work Commission delivering a better superannuation deal for low-income earners with disability.
Rondo Food to close Co Wicklow plant with loss of 135 jobs
Pet food maker plans to move facility to Germany early next year
An American trucking giant is expected to declare bankruptcy — and it may leave more than 3,200 truck drivers stranded and jobless
Celadon is said to be declaring bankruptcy this week, and that collapse may leave thousands of truck drivers jobless and away from home.
View: Saudi Aramco's $2 trillion dream isn't really about oil
Saudi officials have taken to the oil sectors investor relations style with aplomb.
McDonald's black franchisees are fighting to earn as much as their white counterparts, as dozens leave the company they once considered family
Over the past decade, black franchisees have seen the disparities between them and the rest of McDonald's franchisees grow.
Former Federal Reserve chairman Paul Volcker dies aged 92
Paul Volcker, the Federal Reserve chairman who slayed rampant US inflation in the 1970s and 1980s, has died aged 92.
Auckland Strike Action
Auckland bus operators are enraged at the inconvenience to passengers affected by continued bus driver strike action. Even those operators not directly affected by strikes are appalled at the behaviour of First Union and Tramways Union and their aggressive bully tactics which has included assaulting staff and damaging vehicles.
Govt limits stock holding for onion retailers to 2 tonnes to curb hoarding
Retail onion prices have risen in the past two months due to short supply owing to fall in production of kharif (summer) crop after heavy rains.
Will Lyft Stock Be Boosted by Lyft’s Spectacular Performance?
The performance of LYFT, at least relative to expectations, has been spectacular in recent quarters. But Lyft stock has struggled badly.
French strike chaos deepens in crucial week for Macron
France's transport chaos deepened amid an ongoing nationwide strike and mass protests over pension reforms, ramping up tensions at the start of a crucial...
The 2020s could be an apocalyptic decade for Wall Street as artificial intelligence takes over the most popular jobs in finance
The financial services industry is a popular place for job seekers, but artificial intelligence could wipe away a million banking jobs.
India moves from 130 to 129 in human development index: UNDP report
In India, 27.1 crore people were lifted out of poverty from 2005-06 to 2015-16, UNDP India resident representative Shoko Noda said.
KWS adopts new policies to fight corruption
NAIROBI, Kenya, Dec 9 - Tourism Cabinet Secretary Najib Balala has emphasised the need for the operationalisation of the Kenya Wildlife Service (KWS) code - Kenya breaking news | Kenya news today | Capitalfm.co.ke
Tracking deals: Fireside leads ₹20 cr round in SARVA
SARVA, a leading yoga studio chain, has raised ₹20 crore in its first institutional round led by Fireside Ventures with participation from angel investors. It will use the money to double the retail
Travelstart takes over Jumia Travel
Weeks after it closed shops in Cameroon and Tanzania, Jumia, the largest e-commerce operator in Africa, has offloaded its travel operations to Travelstart. In the new arrangement, Jumia will still promote the travel category on its platforms but Travelstart will be responsible for the “operational side of the business.” “This partnership will ensure we remain […]
South Africa Calls For Robust Multilateral Response To Climate Change
South Africa on Monday called for a robust multilateral response to climate change in a way that would assist African and other developing countries to adapt to the associated loss and damage, Concise News reports.
Most foreign funds not massively overweight on India: Ayon Mukhopadhyay, IIFL Securities
Reforms in the NBFC sector can increase the GDP by 1 to 2%, says Mukhopadhyay.
South Korea: Government Mulling Taxing Cryptocurrency Capital Gains
The South Korean government is mulling imposing taxes on capital gains arising out of cryptocurrency transactions – including Bitcoin (BTC) – reports The Korea Times, December 9, 2019.
The tough task of drawing up a structure and norms for a social stock exchange
Social enterprises may have to balance between improving the lives of people and earning returns
HSBC Holdings shuffles executive ranks ahead of restructuring
Interim CEO plans to close some parts of the sprawling bank’s business and sell others
Vector - Still Not Covering Dividend, Current Share Price Is A Gift To Longs, Sell
Even after a 50% dividend cut, Vector is still not covering its dividend. Don't take my word for it - the CFO just admitted it! Bond holders are getting paid over 10.5% while equity investors will be
Apple Price Target Set At $342 As Analyst Speculates On Apple Glasses In 2020
Cupertino tech giant Apple continues to witness optimism from investors as China's Renaissance Bank sets record price target for stock.
PROFILE: Muhammad Nami, a tax consultant, heads Nigeria's FIRS
President Muhammadu Buhari on Monday nominated a renowned tax consultant, Muhammad Nami, as the new chairman of the Federal Inland Revenue Service (FIRS).
EP emir launches ‘ZADK’ Saudi Culinary Academy
In his speech after cutting the ribbon formally inaugurating the academy, Prince Saud said: “The Saudi youth have become an example to be followed in their creativity in many fields. The Saudi citizen is capable of transferring the Kingdom’s culture to the world with professionalism and competence. There are vast opportunities before the Saudi youth with the food sector witnessing considerable development. Investment in this field is promising, provided high quality standards are followed in all aspects."
Hero MotoCorp to hike prices by up to ₹2,000 from January
Two-wheeler market leader Hero MotoCorp on Monday said that it will increase prices of its motorcycles and scooters by up to ₹2,000 from January.The price hike will be across range of two-wheelers and
FableStreet raises ₹21 crore in Series A led by Fireside Ventures
FableStreet, a premium work wear brand for women, has raised ₹21 crore in Series A led by Fireside Ventures.Industry honchos, including Pradeep Parameswaran, President for Uber India and South Asia; D
GBP/USD retreats modestly from eight month highs to the 1.3130 area
The GBP/USD dropped from 1.3180 -the highest level since early April- to 1.3135 following the release of a new poll ahead of the general election in t
Pace of housing starts edges up in November on strength in B.C., Alberta
OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts edged higher last month compared with October, although there were declines in five provinces.
Trump, Dems in tentative deal on North American trade pact
The new trade pact would replace the 25-year-old North American Free Trade Agreement, which eliminated most tariffs and other trade barriers involving the United States, Mexico and Canada.
UPDATED: Fowler out as Buhari appoints new chairman for FIRS
President Muhammadu Buhari on Monday approved the exit of Babatunde Fowler as the chairman of the Federal Inland Revenue Service.
Bakkt Launches 1st Regulated BTC Options as CEO Enters US Senate
The Intercontinental Exchange’s digital asset platform Bakkt launched the first regulated Bitcoin options and cash-settled futures.
DCW Chief Swati Maliwal Urges Smriti Irani to Disburse ‘Nirbhaya’ Fund to States
The Union Home Ministry on December 5 sanctioned Rs 100 crores from 'Nirbhaya' Fund for setting up women help desks at police stations across the country.
Malaysia announces first case of polio in the country for 27 years
Malaysia health officials have reported the first case of polio in the country for 27 years.
Onion Prices Ease In Delhi As Produce Arrives From Afghanistan, Turkey Along With Local Crop
Wholesale prices of onion were quoted in between Rs 50-75 per kg at Delhi’s Azadpur mandi on Monday.
Bitcoin Eyes Crash Towards $6K as Market’s Distress Grows
Bitcoin opened on a faint note this Monday as the market showed a lack of sense of direction owing to low volatility. The world's leading cryptocurrency
EU opens subsidies for electric battery push
BRUSSELS, Dec 9 — The EU’s powerful anti-trust authority today approved billions of euros in subsidies from seven member states as Europe seeks to make up lost ground in batteries. The move is part of a big push led by Germany and France to prepare Europe for the emergence of electric cars, as...
Biden campaign attacks Trump policy on Saudi Arabia, North Korea
(Reuters) - Democrat Joe Biden’s presidential campaign launched new attacks on Donald Trump on Sunday, advocating a re-evaluation of U.S.-Saudi relations and calling North Korea’s apparent weapons test a “rebuke” to the U.S. president in a statement to Reuters.
LOHA designs affordable housing complex for difficult site in Los Angeles
Steel shipping containers will be used to form this affordable housing complex on a triangular site in Los Angeles, designed by LOHA.
Afghan authorities hold up Pakistani passenger plane at Kabul airport
PIA flight PK 250 takes off for Islamabad after a delay of two and a half hours
Amazon, Flipkart planning to help SMEs go digital and grow their businesses
E-commerce giants adopt similar strategy to helps SMEs
Paytm Payments Bank says it issued 600,000 FASTags in November
PPB said it sold 6 lakh tags in the month of November, and claimed that it has equipped over 1.85 million vehicles with FASTags
Paris summit seeks resolution to Ukraine war
A series of meetings are being held at the Elysee presidential palace to try to revive a 2015 peace deal that has been largely ignored.
Delhi Court Accepts Robert Vadra’s Plea To Travel Abroad For Medical Treatment
A Delhi Court on Monday (9 December) allowed Robert Vadra, businessman and Congress interim Chief Sonia Gandhi's son-in-law, to travel to Spain for medical treatment and business purposes.
Couple loses defamation claim against Dublin restaurant whose staff asked them to pay dinner bill
The judge said it was probably Glen McCarthy’s argumentative attitude in the Harbourmaster Bar and Restaurant that had led to the proceedings being taken.
Senior citizen loses ₹1.25 lakh in online fraud
Victim gave bank details to unknown caller
Stop drug prices rating
© EDITOR — Soon after the government announced that as a country we are moving from the multi-currency system to the Zimbabwe dollar, the prices of medical drugs escalated, showing that even now the rating system is still being applied.
Pace of housing starts edges up on strength in B.C., Alberta
The national housing agency says the seasonally adjusted annual rate for November was 201,318 units, up 0.3 per cent from 200,674 units.
‘With ₹32,000-crore, MP Lodha is India’s richest developer’
Mumbai, Delhi and Bengaluru account for three-fourths of the country’s richest players in real estate sector
Uhuru Lands Top International Role
Knowing fully well the task ahead, President Kenyatta lay his agenda before the leaders present with a view to...
PMI: Nigeria’s manufacturing sector gains momentum in November
Nigeria’s manufacturing sector has continued to gain momentum as it rallied to build on the growth recorded in the third quarter of 2019.
Ondo sacks 51 ghost workers in its workforce ― HoS
Fifty-one ghost workers have been discovered by the Ondo state government during the last verification exercise carried out to ascertain the workforce.
Paris summit seeks resolution to Ukraine war
A series of meetings are being held at the Elysee presidential palace to try to revive a 2015 peace deal that has been largely ignored.
Former Fed Chairman Paul Volcker, known as inflation buster, dies at 92
Dec. 9 (UPI) -- Paul Volcker, a towering figure in the history of the U.S. Federal Reserve Bank who took tough measures to battle inflation in the late 1970s and early 1980s, has died. He was 92.
Massachusetts lab to pay $26M for scheme with Texas doctors
SACRAMENTO, Calif. (AP) — Boston Heart Diagnostics Corporation agreed to pay nearly $27 million to settle claims that it allegedly paid doctors in Texas and waived patient co-payments in exchange...
Onion nightmare continues for consumers
Price of the commodity ranges between ₹110 and ₹170 per kg depending on the variety
Tentative deal on trade pact
House Democrats have reached a tentative agreement with labour leaders and the White House over a rewrite of the U.S.-Mexico-Canada trade deal that has been a top priority for President Donald Trump.
PSBs turn profitable in Apr-Sep FY20, post aggregate profit of Rs 3221 cr
State-run lenders had posted aggregate operating profits during 2017-18 and 2018-19 of Rs 1,55,603 crore and Rs 1,53,871 crore respectively
Xerox expects revenue growth of up to $1.5 billion with HP takeover
(Reuters) - Xerox Holdings Corp (XRX.N) expects its proposed acquisition of personal computer company HP Inc (HPQ.N) to result in sales growth of as much as $1.5 billion for the combined company, according to a presentation by the printer maker.
How to avoid a massive holiday health care bill when OHIP out-of-country coverage ends
If you are an Ontario resident planning to travel outside of Canada in the new year, make sure you have adequate travel health insurance coverage or risk dealing with a crippling medical bill should a medical emergency arise. CTVNews.ca has all the details.
What Continental Resources Should Do Next
Continental Resources reported a profit of $0.54 per share and generated free cash flows of $79.3Mn, even as it realized oil prices of just around $51 a barrel. The company could deliver strong result
Brooklyn gets New York's biggest battery park from Italy's Enel
MILAN (Reuters) - Italy’s Enel has installed New York City’s biggest battery storage system, which it said on Monday will help power the Brooklyn area during periods of peak demand.
20 Strategies That Farmers Can Use in 2020
These 20 strategies range from eliminating a tillage pass to making the most of technology.
Vodafone Rolling out Half-Sized SIMS as Part of New Plastic Reducing Policy
Vodafone has announced a new initiative to cut down on the amount of plastic it uses, and the half-sized SIM holder is part of that.
Russia, Ukraine may hold "all for all" prisoner swap late 2019 – expert
The swap may be held around Christmas.
'Devastating' fire at Alberta dealership leaves 60 out of work
Fire destroyed the Edson Chrysler Dodge Jeep dealership early Monday morning, leaving dozens of employees out of work.
Onion retail trader stock limits cut to 2 tonnes
The Centre on Monday further cut onion stock holding limits imposed on retail traders to 2 tonnes from the recently-revised 5 tonnes as it suspected widespread hoarding by the traders, an official sta
Malaysia’s first polio case in 27 years is a child who wasn’t vaccinated. Here are 3 things to know about the incurable virus, Business Insider - Business Insider Singapore
Business Insider - The incurable virus mainly affects young children, and invades an infected person's brain and spinal cord, which can lead to permanent disability and death in serious cases.. Read more at businessinsider.sg
New rope car construction inspected
PALANIA second rope care facility was proposed and construction work has begun at the Palani hill temple. On Monday, representatives and experts from the French company Poma inspected the first phase
Edinburgh-based Cyan Forensics, the crime-busting startup, raises €1.5 million to target new markets
Cyan Forensics, the Edinburgh-based startup whose technology helps police investigators to find evidence faster, has secured a further €1.5 million from a consortium of investors.
Chevrolet Camaro Discounts Are Even Better This Month
Despite being a fantastic muscle car, the Chevrolet Camaro still lags behind its chief rival, the Ford Must...
Former Tipperary garda station sold at public auction
HUGE INTEREST IN NEW INN BUILDING
Toyota to invest PhP 4.5 billion to build new Luzon import hub
Toyota does import over 100,000 CBU vehicles a year
Parker: CoolIT delivers Direct Liquid Cooling solutions to data centres
A Calgary high-tech company, which is providing Direct Liquid Cooling (DLC) to the world’s most demanding data centres, has recorded 100 new hires this year and is planning for more growth.Co…
US labor board will investigate Google's recent firings
US labor relations board will determine if Google violated federal labor laws and discouraged union organizing.
SPA, ATA sign cooperation MoU
This came during a meeting held at SPA headquarters in Riyadh between Al-Hussein and the ATA director general and her delegation comprising Romelda Rapolari, director of human resources division and Arian Jorgaqi, director of international news division in addition to SPA Vice President Ahmed Bin Ibrahim Al-Awadh, Saudi Press Agency reported.
WATCH: OAN Begins Posting The Tinfoil-Hatted Fruits Of Giuliani’s Trip To Ukraine
We’re getting a first look at the fruits of Trump attorney Rudy Giuliani’s mission to Ukraine. One America News began...
FIRS: Buhari fails to renew Fowler’s tenure, names successor
President Muhammadu Buhari has approved the composition of a new board for the Federal Inland Revenue Service, subject to Senate
Nokia dangles mediation carrot in front of Daimler over license dispute
Legal action has been paused in the hopes of reaching some form of resolution.
Pound-Euro Rate's Recovery Potential Limited Beyond 1.20: AFEX
Foreign exchange strategists with foreign exchange brokers AFEX say Pound Sterling is likely to remain relatively well supported against the Euro, and the strong rally in the exchange rate seen over recent weeks can potentially reach 1.20
Mbalula’s Prasa-administration announcement is welcomed by Scopa
Transport Minister Fikile Mbalula’s announcement that he had decided to place state-owned Passenger Rail Agency of South Africa under administration with immediate effect has been welcomed by the Standing Committee on Public Accounts.
Exclusive: Hyundai's $1.8 billion shipbuilding deal with Daewoo faces full EU probe - sources
BRUSSELS (Reuters) - World No. 1 shipbuilding group Hyundai Heavy Industries Holdings Co Ltd’s (267250.KS) $1.8 billion merger with rival shipbuilder Daewoo (042660.KS) will face a full-scale investigation in Europe due to serious EU antitrust concerns, two people familiar with the matter said on Monday.
BigTech Cryptocurrencies Pose Risk to Global Financial Stability: FSB
The Financial Stability Board (FSB) says government and regulators should closely monitor the emerging trend of BigTech companies entering the crypto
Russia, Ukraine to revive peace process, exchange prisoners
President Vladimir Putin of Russia and President Volodymyr Zelenskiy of Ukraine sat down together for the first time at the French presidential palace along with the leaders of France and Germany for talks focused on reviving a 2015 peace agreement for eastern Ukraine that has largely stalled.
Ripple Price Analysis: XRP Goes Back Up To $0.23, Can Christmas Come Earlier?
Summary XRP has seen an increase of 4.25% this week as it reaches $0.23. The cryptocurrency broke above a steep descending channel that was apparent in
How importation is killing SMEs – FG
FG has decried the rate at which metal products are imported into the country, saying it is killing Small and Medium Scale Enterprises (SMEs).
European Funds Ministry, WB discuss linking entrepreneurship to education system, through EU-funded vouchers
The representatives of the Ministry of European Funds (MFE) and those of the World Bank are discussing the possibility of implementing...
$0.07 Earnings Per Share Expected for Alamos Gold Inc (NYSE:AGI) This Quarter
Brokerages expect Alamos Gold Inc (NYSE:AGI) (TSE:AGI) to report earnings per share (EPS) of $0.07 for the current fiscal quarter, Zacks reports. Zero analysts have provided estimates for Alamos Gold’s earnings. Alamos Gold posted earnings per share of $0.01 during the same quarter last year, which suggests a positive year over year growth rate of […]
Former Federal Reserve Chief Paul Volcker dead at 92
Paul Volcker, the towering former Federal Reserve chairman who tamed US inflation in the 1980s and decades later inspired tough Wall Street reforms in the wake of the global financial crisis, died on Monday at the age of 92, according to the New York Times, which quoted his daughter.
Will the pound go up in value if Labour wins the general election?
We examine John McDonnell’s claim that Labour’s spending plans could boost sterling
USD/CAD falls toward 1.3220 as WTI rebounds to $59
After spending the majority of the day moving sideways near 1.3250, the USD/CAD pair lost its traction during the American trading hours and slumped t
UPDATE 2-France to ban dozens of glyphosate weedkillers amid health risk debate
* Regulator says lacks evidence to exclude potential health risks* Bayer says will offer further data to French regulator* Debate continues in Europe, U.S. over cancer links* Austria pulls back from outright glyphosate ban from January (Adds details of banned products, background)By Gus Trompiz and Sybille de La Hamaide
Ex-Fed Chair Volcker dies, tamed inflation with recession
Paul Volcker, who as Federal Reserve chairman in the early 1980s elevated interest rates to historic highs and triggered a recession as the price of quashing double-digit inflation, has died, according to his office. He was 92.
Fed to reiterate its comfort with policy as it is, with little change in the projections – ABN AMRO
Previewing this week's Federal Open Market Committee (FOMC) meeting, "the Fed is widely expected to keep policy rates on hold at the conclusion of the
Assistant Chief (Legal) Vacancy At Central Electricity Regulatory Commission
Central Electricity Regulatory Commission invites application for the post of Assistant Chief (Legal). Name of the Post: Assistant Chief (Legal) No. of Post: 03 (Three) Pay Scale:...
ABB (NYSE:ABB) Receives New Coverage from Analysts at Barclays
Research analysts at Barclays assumed coverage on shares of ABB (NYSE:ABB) in a research report issued on Monday, BenzingaRatingsTable reports. The firm set an “overweight” rating on the industrial products company’s stock. ABB has been the subject of a number of other reports. JPMorgan Chase & Co. reiterated a “sell” rating on shares of ABB […]
France to ban dozens of glyphosate weedkillers amid health risk debate
PARIS (Reuters) - France’s health and environment agency said on Monday it was banning dozens of glyphosate-based weedkillers, most of the volume of such products sold in France, ruling there was insufficient data to exclude health risks.
Tullow’s timely lesson for bets on battered energy stocks
The search for unfairly undervalued energy investments is peppered with difficulties
Crimea appears to be thriving under the control of Putin’s Russia
Russia is now in charge and it is evident the country is committed to turning Crimea around.
Aberdeen Asia-Pacific Income Investment (TSE:FAP) Trading 0.3% Higher
Aberdeen Asia-Pacific Income Investment (TSE:FAP)’s stock price traded up 0.3% during trading on Monday . The stock traded as high as C$3.55 and last traded at C$3.55, 35,313 shares were traded during trading. A decline of 36% from the average session volume of 54,849 shares. The stock had previously closed at C$3.54. The stock has […]
Crypto Price Action Sports Uncanny Resemblance to Bitcoin Bear Market Bottom
After an early 2019 parabolic rally, Bitcoin has spent the last few months locked within a vicious downtrend that’s seen nearly 50% of the crypto asset’s
LIC flying in supplies for flood-hit farmers
The critical spring mating period is underway on most of the country’s dairy farms, but heavy rain, slips and floodwaters have closed key roads in the South Island, making it difficult to reach a number of flood-hit farms and get the cows in-calf.
Putin meets new Ukraine leader for first time
Both leaders met along with French President Emmanuel Macron and German Chancellor Angela Merkel.
How corruption and populist politics weigh down Delhi's infrastructure
The first of a five-part series takes stock of Delhi, the power centre and cultural melting pot of India, to find that it needs an overhaul
Zacks: Embotelladora Andina SA ADR Series B (NYSE:AKO.B) Receives Average Recommendation of “Strong Sell” from Brokerages
Embotelladora Andina SA ADR Series B (NYSE:AKO.B) has been given a consensus broker rating score of 5.00 (Strong Sell) from the one brokers that cover the stock, Zacks Investment Research reports. One analyst has rated the stock with a strong sell rating. Brokerages have set a 1-year consensus price target of $16.00 for the company, […]
Court seeks clarification before approving €2.9m debt write-off for Frank McNamara and Theresa Lowe
Further information sought by High court judge on musician’s financial affairs
A truckload giant just filed for bankruptcy, and it leaves nearly 3,000 truck drivers jobless, Business Insider - Business Insider Singapore
Business Insider - Celadon declared bankruptcy on Dec. 9, and that collapse is worrying truck drivers that they may be stranded.. Read more at businessinsider.sg
South Africa steps up power cuts after flooding hits major plant
JOHANNESBURG — South Africa’s state energy company Eskom is cutting up to 6,000 megawatts (MW) of power from the national grid after heavy rain and flooding triggered failures at its Medupi plant, disrupting supplies to businesses and households across the country.
Study: High-Tech Job Growth Overwhelmingly Benefits Three California Cities | Breitbart
High-tech sector job growth is overwhelmingly benefiting three California cities, plus Seattle and Boston, while the rest of the U.S. has been left behind in the dust, according to a new study.
TANAP and Turkey's energy ambitions
The December 3-4 NATO summit in London was marked by internal bickering between member states. Yet by the end of the two-day gathering, consensus was reached on one item: that Russia poses a major problem to the alliance.
Indian Army Fires American Origin Ammunition from M-777s Near Pakistan Border
New Delhi (Sputnik): The 155 mm satellite-guided artillery rounds for Howitzers were ordered from the US following the February 2019 military standoff between India and Pakistan, which erupted following a suicide attack on an Indian military convoy killing at least 40 soldiers.
It may not be HQ2 but AOC declares victory and trolls Amazon over New York expansion
Can we call it HQ1/2?
2020 BMW M550i, X3 M40i and X4 M40i get a power bump
BMW announces a power increase for some of its Model Year 2020 vehicles - The 2020 BMW M550i xDrive and 2020 BMW X3 M40i and X4 M40i xDrive
Owaisi rips the Citizenship bill in LS saying it seeks to make Muslims ‘stateless'
AIMIM MP Asaduddin Owaisi on Monday launched a blistering attack on the Union government in Lok Sabha over the Citizenship (Amendment) Bill, saying it was aimed at making Muslims 'stateless' and will lead to another partition. Invoking Mahatma Gandhi, Owaisi said he was called Mahatma after he tore the discriminatory
Gemini Dollar (GUSD) Price Up 1.2% This Week
Gemini Dollar (CURRENCY:GUSD) traded down 0.2% against the dollar during the twenty-four hour period ending at 12:00 PM Eastern on December 9th. One Gemini Dollar token can currently be purchased for about $1.00 or 0.00013392 BTC on exchanges including DEx.top, HitBTC, The Rock Trading and Bibox. In the last week, Gemini Dollar has traded up […]
Sutter Rock Capital Corp. (NASDAQ:SSSS) Receives Consensus Recommendation of “Strong Buy” from Analysts
Shares of Sutter Rock Capital Corp. (NASDAQ:SSSS) have been given an average broker rating score of 1.00 (Strong Buy) from the two brokers that provide coverage for the stock, Zacks Investment Research reports. Two equities research analysts have rated the stock with a strong buy recommendation. Analysts have set a one year consensus price target […]
Oil slips as weak China exports highlight trade war impact
NEW YORK (Reuters) - Oil prices fell on Monday after data showed Chinese exports declined for a fourth straight month, sending jitters through a market already concerned about damage to global demand by the trade war between Washington and Beijing.
Dipo Awojide becomes first Nigerian to be honoured as LinkedIn Top Voice
Last week, LinkedIn unveiled its annual Top Voices list. This list highlights professionals in a variety of industries who are building communities and starting thoughtful conversations on LinkedIn through their articles, posts and comments. Dr Dipo Awojide, a Senior Lecturer in Strategy at Nottingham Business School (UK), and Founder of BTDT Hub and BTDT Home […]
Under $3, Plug Power Stock Is a Good Speculative Buy
Plug Power and PLUG stock lost all momentum Dec. 2 when it announced it would sell up to 40 million shares in a secondary offering.
Vietnam ministry may cut some tariffs on U.S. agriculture
Under pressure from the U.S., Vietnam’s Ministry of Finance is proposing to reduce tariffs on some American agriculture products, from chicken to apples.
Mary Winston leads Bed Bath & Beyond Inc. and its 60,000 associates as interim CEO
Bed Bath & Beyond Inc. an American chain of domestic merchandise retail stores operating in Puerto Rico, Canada, and Mexico has settled on Mary Winston as its interim Chief Executive. Founded in 1971, Bed Bath & Beyond – part of the S&P 500 and Global 1200 Indices – is hopeful Ms. Winston will lead them...
Omo-Agege, Wase’s aides groan, plan protest as NASS reduces salaries
Some aides to the deputy Senate president, Omo-Agege, and the deputy speaker of the House of Representatives, Ahmed Wase, have accused the National Assembly of refusing to pay their salaries and entitlements.
South Sudan rivals to hold talks in Juba
The two protagonists are expected to discuss issues seen as critical to the realisation of the peace accord signed in September of last year.
Piyush Goyal demands reciprocal access for Indian companies abroad
Foreign cos wont be allowed in local contracts unless India Inc gets to compete in those nations, said Goyal.
Mugga Lane landfill rubbish seen strewn over nearby farms
Rubbish from the landfill has been seen hundreds of metres away from the site among paddocks and animals.
Mbalula: Placing Prasa Under Administration Will Get It Back On Track
JOHANNESBURG – Transport Minister Fikile Mbalula said his decision to place Passenger Rail Agency of South Africa (Prasa) under administration with immediate effect will allow for rapid action to get the parastatal back on track. Mbalula made the surprise announcement at a briefing in Braamfontein on Monday shortly after informing staff about the decision, which […]
Italy proposes new plan to rescue ArcelorMittal plant; 8,000 jobs at stake
Italy considers the steel mill a strategic industrial site and faces pressure from unions, which are trying to protect the 8,000 jobs at risk
Bong Go: Manila Water should be held liable for failing to construct sewer, wastewater system
Administration ally Senator Christopher “Bong” Go said on Monday that Manila Water Company, Inc. should be held liable for environmental damage because of their failure to construct a sewerage and wastewater system as stated in their contract.
Alleged P&ID scam: Court dismisses Briton’s plea for bail variation
The Federal High Court, Abuja, on Monday, dismissed the application for bail variation filed by a British man, James Nolan.Justice
EUR/USD price analysis: Euro erases most of the intraday gains, challenges the 1.1059 support
The common currency, on the daily chart, is trading below its 200-day simple moving average (DMA).
Tullow’s shares go down by 50 percent as CEO resigns over poor performance in Ghana
The shares of Tullow Oil Plc on the London Stock Exchange (LSE) dropped by over 50% as its CEO, Paul McDade resigned due to the poor performance in its Ghana operations.
Why These 2 Natural Gas Stocks Are Soaring Today
Antero Resources and Antero Midstream are working together to enhance their outlook.
Mindexcoin Price Tops $0.0010 on Major Exchanges (MIC)
Mindexcoin (CURRENCY:MIC) traded 0.3% lower against the dollar during the 1 day period ending at 11:00 AM ET on December 9th. One Mindexcoin token can now be bought for about $0.0010 or 0.00000013 BTC on cryptocurrency exchanges including EtherDelta (ForkDelta), Token Store, LATOKEN and Mercatox. Mindexcoin has a market capitalization of $674,350.00 and approximately $7,246.00 […]
'Old man' Trump is 'bluffing' says North Korea: KCNA
Trump and North Korean leader Kim Jong Un engaged in mutual insults and threats of devastation in 2017, sending tensions soaring before a diplomatic rapprochement the following year.
Pieter du Toit: Four years on and Zuma’s dismissal of Nene still grates
If there’s anything that the government and party of former president Jacob Zuma will be remembered for – apart from corruption, mismanagement and theft – it will be the brazen manner in which the capture clique attempted to hijack National Treasury on December 9, 2015, writes Pieter du Toit.
Cheaper And More Expensive Land Rover Defenders Are Coming
When it goes on sale in the US next spring, the 2020 Land Rover Defender will initially only be available i...
Jumia Closes Shop In Rwanda Days After Exiting Cameroon, Tanzania
Jumia has closed its shop in Rwanda after six years of operation, days after exiting Tanzanian and Cameroonian market.In a message to its customers the New York-listed e-commerce platform said it
Putin meets new Ukraine leader for first time
Both leaders met along with French President Emmanuel Macron and German Chancellor Angela Merkel.
Desirable Branding Distinguishes Aphria Stock
Though production capacity is always important, Aphria stock has made progress due to its underlying premium brands.
Amazon is opening an office in NYC's Hudson Yards. Here's a look inside the $25 billion development that that was financed with money meant for 'distressed' urban areas., Business Insider - Business Insider Singapore
Business Insider - Hudson Yards, the $25 billion NYC neighborhood that will be home to a new Amazon office, was financed with money meant for "distressed urban areas.". Read more at businessinsider.sg
AICHAIN (AIT) Achieves Market Cap of $438,636.00
AICHAIN (CURRENCY:AIT) traded down 1.8% against the U.S. dollar during the twenty-four hour period ending at 12:00 PM ET on December 9th. One AICHAIN token can currently be purchased for $0.0008 or 0.00000011 BTC on popular exchanges including CoinEgg, BCEX, FCoin and OTCBTC. AICHAIN has a total market cap of $438,636.00 and $22,239.00 worth of […]
JUST IN: Buhari names Nami to replace Fowler as FIRS boss
PRESIDENT Muhammadu Buharion Monday approved the composition of a new board for the Federal Inland Revenue Service (FIRS) subject to Senate
Former Fed chair Paul Volcker dies
Central banker responsible for ending US inflationary spiral
Russia tells UK court Ukraine should be forced to pay debt despite disputes
LONDON/KIEV (Reuters) - Russia told Britain’s Supreme Court on Monday that Ukraine should not be allowed to use geopolitical arguments to dispute billions of dollars in debt, after Kiev argued it had been forced to borrow the money from Moscow.
Just Eat takeover battle hots up with fresh $6.5 billion Prosus bid
AMSTERDAM (Reuters) - Prosus (PRX.AS) raised its unsolicited cash offer for British food delivery service Just Eat (JE.L) to $6.5 billion on Monday, ratcheting up the pressure on rival bidder Takeaway (TKWY.AS) in their bitter takeover battle.
Why your boss should let you work from home
Lancashire has one of the lowest percentage of employees working from home and it is about time the county’s businesses had a rethink argues CEO Toby Harper
Galaxy S10 Lite and Galaxy Note 10 Lite: here are the prices
Galaxy S10 Lite and Galaxy Note 10 Lite: here are the prices, an online retailer based in Slovakia, has mistakenly put online the prices.
What is the future of Alberta's $25-a-day daycare? Operators, parents waiting for answers
Operators of some Calgary child-care centres say they’re holding their breath as they wait for news about the future of Alberta’s $25-a-day pilot program.Kate Stenson, executive directo…
Syrian president's uncle stands trial over 'ill-gotten gains' empire in France
The uncle of Syrian President Bashar al-Assad stood trial in Paris on Monday accused of pumping tens of millions of pounds of “ill-gotten gains” into a vast property empire for himself and his extended family.
Democrats Close to Agreement With White House on New NAFTA
Congressional Democrats and the White House are on the cusp of an agreement on revisions to the United States-Mexico-Canada Agreement.
Investors Should Buy Amazon Stock While It Keeps Treading Water
Worries about Amazon's declining AWS growth and rising content spending appear to be overblown. Amazon stock has got plenty of life in it.
Iran says ready for more US prisoner swaps
Iran said Monday it was open to more prisoner swaps with the US while stressing an exchange at the weekend was not the result of formal negotiations with its arch-foe.
Alta Fox Opportunities Fund - Keywords Studios PLC
KWS was the biggest loser in the portfolio in Q3.The stock declined because of Q3 results, which were deemed disappointing by the market.We remain long as I think the company is well positioned for se
Prosus Boosts Just Eat Bid To $6.5B
Naspers-owned Prosus upped its bid to $6.5 billion to acquire London's food delivery service Just Eat, putting pressure on rival buyer Takeaway.
Deutsche to cut €100m from domestic retail banking unit
Lender plans to scrap legal entity that runs the operation and merge it into group
South Korea jails three Samsung Elec execs over evidence destroyed in probe of alleged fraud
A South Korean court on Monday jailed three executives of Samsung Electronics for their role in a plot that included burying computers under ...
Kraken Adds GBP Support for U.K.; What This Means for Crypto Market
Crypto asset exchange Kraken has added two new options for GBP deposits and withdrawals in attempts to speed up the exchange of funds for users. Related
Xizi elevators and market competition in Nigeria
With the population of Nigeria hitting over180 million and the designation as Africa’s largest economy, the country is seen as the next global investment
Govt further caps stock limit on onion retailers to 2 tons to check hoarding
As per the ministry's data, maximum retail prices are ruling at Rs 165 per kg on Monday, while modal price was at Rs 100 per kg. In most cities, onions are quoted over Rs 100 per kg in retail markets, pinching hard on consumers' pocket.
Technically Speaking For 12/9: The Weekly Charts Are Bullish
Hedge fund activity might be a partial reason for the spike in money market yields this fall.Tech companies face increasing pressure.The weekly charts are positive.
Santrokofi and Akpafu traditional councils bid for SALL District capital
news, story, article
Water problem could lead toWorld War III, says expert
‘Disaster will strike India if governments do not heed the wake-up call’
Group moves to create market window for rice farmers
The Nigeria Farmers Group and Cooperative Society (NFGCS), has moved to create a larger market window for farmers by aggregating rice paddy across
Analysts Claim Indirect Investment in Cryptocurrency and Blockchain helps Manage Massive Risks
There has been an extra amount of negative sentiment directed towards cryptocurrencies in the last few weeks as Bitcoin slowly winded down from $8500 to $6800 over the course of a month. Many wealth managers believe it is better to gain exposure to this space by investing in publicly listed companies that are working with blockchain and multiple cryptocurrencies, reported by LifeHacker, December 8, 2019.
Met department warns of heavy rains
Meteorological Services Department (MSD) has issued a warning of heavy rains across the country on different days from today till Thursday December 12. In a sta...
Pertamina offers 20 percent off avtur in eastern Indonesia during holiday traffic
State-owned oil company Pertamina will temporarily slash avtur prices by 20 percent at selected airports in eastern Indonesia ahead of expected heavy traffic during Christmas and New Year.
LG Launches Its Flagship Dual-screen Smartphone in Japan
The South Korean tech giant said its LG G8X ThinQ smartphone was launched through Japan's Softbank and will be sold at some 5,000 stores in major Japanese cities,
North Korea opens ski resort in effort to boost tourism
SEOUL, South Korea — North Korean leader Kim Jong Un opened a new mountain spa and ski resort that’s intended for people to enjoy “high civilization under socialism” in another example of the
Buhari names Nami to replace Fowler as FIRS boss
PRESIDENT Muhammadu Buharion Monday approved the composition of a new board for the Federal Inland Revenue Service (FIRS) subject to Senate
Analysts Set CarMax, Inc (NYSE:KMX) PT at $97.58
Shares of CarMax, Inc (NYSE:KMX) have received an average rating of “Buy” from the fifteen analysts that are currently covering the firm, Marketbeat reports. Four analysts have rated the stock with a hold recommendation and ten have assigned a buy recommendation to the company. The average 12 month price objective among brokers that have issued […]
More than 150 jobs lost as Rondo Food closes Arklow plant
More than 150 jobs are to go in Co. Wicklow with the closure of a dog food manufacturer.
Severe cold wave continues in J-K, Ladakh
The mercury climbed several notches across Jammu and Kashmir and Ladakh due to overcast conditions on Monday even as the region braces for a fresh spell of snow and rainfall in the next couple of days, a meteorological department official said.
A truckload giant just filed for bankruptcy, and it leaves nearly 3,000 truck drivers jobless
The trucking “bloodbath” of 2019 is ending on a remarkably sour note.
These are the watches worn by some of the most powerful businessmen and CEOs in the world, Business Insider - Business Insider Singapore
Business Insider - A luxury timepiece is an essential accessory for a CEO. Here is a list of watches worn by some of the world's most powerful executives.. Read more at businessinsider.sg
Cabot Oil & Gas Co. (NYSE:COG) Receives Consensus Rating of “Buy” from Analysts
Cabot Oil & Gas Co. (NYSE:COG) has been assigned a consensus recommendation of “Buy” from the seventeen ratings firms that are covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and nine have assigned a buy rating to the company. The […]
Chase Offers can get you cash back at Blue Apron, New Balance and more just for having a card — here are some of the best deals available now, Business Insider - Business Insider Singapore
Business Insider - Chase Offers are cash-back deals at restaurants and retailers for Chase cardholders. Here are some of the best ones available right now.. Read more at businessinsider.sg
Putin meets new Ukraine leader for first time
Both leaders met along with French President Emmanuel Macron and German Chancellor Angela Merkel.
Zelensky meeting with Macron, Merkel in Paris
The Ukrainian president is expected to meet with his Russian counterpart later today.
CHRISTMAS: FRSC deploys 1,700 personnel on Lagos-Ibadan Expressway, other Ogun roads
The Federal Road Safety Commission (FRSC) will deploy 1,700 personnel to control traffic on highways across Ogun State during the Christmas festival.
Swedbank cuts management team in revamp after laundering probe
Swedbank said on Monday its chief risk officer was leaving as the Swedish bank revamps its structure to regain customer trust after a money ...
Russia, Ukraine leaders to meet in Paris
French- and German-mediated talks seek to end 5-year conflict in eastern Ukraine
Pump prices on rollback this week
Budget of Filipino consumers for fuel this week will be partly eased, as pump prices will be on a new round of rollback at the scale of P0.40 per liter for gasoline and kerosene; and P0.10 per liter for diesel.
Soon-to-be skyscrapers in Habibie’s Meisterstadt megablock feared to disrupt air traffic
Hang Nadim International Airport has demanded that the apartments have a more reasonable height so as to prevent disruption to air traffic.
Insider Selling: Parex Resources Inc (TSE:PXT) Director Sells 90,000 Shares of Stock
Parex Resources Inc (TSE:PXT) Director Curtis Darrell Bartlett sold 90,000 shares of the firm’s stock in a transaction on Friday, December 6th. The stock was sold at an average price of C$20.05, for a total transaction of C$1,804,500.00. Following the completion of the sale, the director now owns 10,000 shares of the company’s stock, valued […]
UK visitors to GCC to increase 22% by 2024, reports ATM
2.8 million UK residents will travel to the GCC in 2024, an additional 500,000 travellers when compared with 2018
NNPC seeks support in curbing oil pipelines vandalism
The Nigerian National Petroleum Corporation on Monday called on Nigerians and security agencies to join its effort at curbing the menace
Ineos Styrolution and Agilyx make progress toward establishing a polystyrene-recycling plant in Illinois
INEOS Styrolution (Frankfurt, Germany; www.ineos-styrolution.com) and Agilyx (Tigard, Ore.; www.agilyx.com) announced that they are advancing the developme
Amazon says Trump's obsession with screwing over Jeff Bezos is reason company lost $10 billion Pentagon contract, Business Insider - Business Insider Singapore
Business Insider - Amazon recently lost out to Microsoft on a $10 billion contract, called JEDI, to help the Department of Defense move its sensitive data to the cloud.. Read more at businessinsider.sg
FG recording successes in fight against corruption — TUGAR
The Technical Unit on Governance and Anti-Corruption Reforms, TUGAR, Monday, stated that despite the slow judicial process in Nigeria, the...
APICORP outlines key recommendations for sustainable growth in Mena
Access to private sector financing and increased energy efficiency amongst key recommendations for sustainable growth of MENA energy sector
Amazon says Trump's 'vendetta' lost it $10bn Pentagon contract
Company said ‘personal vendetta’ against Bezos, Amazon and the Washington Post cost it the cloud computing contract
Royke Tumilaar appointed Bank Mandiri president director
State-owned lender Bank Mandiri’s shareholders have officially appointed Royke Tumilaar to be the bank’s new president director.
Amazon is opening an office in NYC’s Hudson Yards. Here’s a look inside the $25 billion development that that was financed with money meant for ‘distressed’ urban areas.
Hudson Yards, New York City’s new $25 billion megadevelopment, is now the city’s most expensive neighborhood, with a median sales price of nearly $5 million.
Brazil will drill massive oil find despite climate concerns: minister
MADRID (Reuters) - Brazil will push to expand oil drilling in its massive “pre-salt” oil and gas area off its coast in spite of growing global concerns about climate change, the country’s energy minister told Reuters on Monday.
Crisis looms over KSRTC again
31,000 staff get 70% of salary after delay of 10 days
The student movements at the vanguard of Chile's protests are allied with former student leaders now serving in Congress
Chile’s months-long uprising was led by student activists protesting neoliberal reform, galvanized around the seemingly trivial issue of public transit fare-hikes.
City of Glendale: Matt's Big Breakfast, Portillo's expanding to the West Valley
Attention, foodies in Glendale: Chicago hot dogs, Italian beef sandwiches, and a Phoenix breakfast hot spot are apparently headed your way.
Eastern US in crosshairs for another major storm
A stormy weather pattern has evolved in the eastern United States during the second week of December, and forecasters say it's likely to culminate in a significant weather system later this week.Despite a blast of Arctic air and an episode of wintry precipitation at midweek, temperatures are forecast
My 10-Year-Old Picks Starbucks For Her Dividend Duchess Portfolio
My 5th grade daughter chose Starbucks as the 2nd purchase for her Dividend Duchess portfolio.We fund this custodian account exclusively with my Seeking Alpha Contributor earnings. All dividends will
Former Fed Chief Paul Volcker dies at 92
Paul Volcker, the towering former Federal Reserve chairman who tamed U.S. inflation in the 1980s and decades later inspired tough Wall Street reforms in the wake of the global financial crisis, died on Monday at the age of 92, according to his daughter Janice Zima. Volcker, who Zima said had…
COP 25: India calls for speedier expansion of international solar alliance
Union Environment Minister Prakash Javadekar said there was a need to speed up this alliance to trap solar energy in a big way
ForMin Aurescu: Romania remains strong supporter of EU enlargement
Romania will remain a strong supporter of EU enlargement, Foreign Affairs Minister Bogdan Aurescu said during a meeting with German...
IIB Board of Directors in Budapest Summed up the Results of 2019: Successful Completion of Relocation to Europe, Record Growth of Loan Portfolio and Key Performance Indicators
On December 6, 2019, IIB Board of Directors met in Budapest. The meeting summed up the results of the outgoing year, which became not only very successful but to a large degree marked a turning point in recent IIB history.
Police bust alleged $1.6M car theft ring that exported high-end vehicles out of Canada
Four people have been charged after police busted a $1.6-million car theft ring that spanned across southern Ontario and allegedly exported high-end stolen vehicles out of Canada.
Putin meets Ukraine's Zelenskiy for first time at Paris peace summit
Russian President Valdimir Putin met his Ukrainian counterpart Volodymyr Zelenskiy for the first time on Monday at a summit in Paris that aimed at...
Biggest mumps outbreak in a decade continues with 103 new cases last week
Worst affected part of the State is the greater Dublin area, which accounted for 1,126 cases so far this year
In Ecuador, no one can act outside the law
Letter: In response to a report that a Hindu guru had a established his own island off the coast of Ecuador, Ambassador Jaime Marchan Romero clarifies that no individual would ever be allowed to annex off land from a sovereign state
Why Europe will side with the US over China for 5G
America’s allies are belatedly heeding its warnings about the Chinese technology threat
Appeals court appears skeptical of challenge on Trump payments
A three-judge federal appeals court panel appeared skeptical during oral arguments Monday about letting a group of more than 200 congressional Democrats sue President Donald Trump over foreign payments to his businesses.
North Korea Has 'Nothing More to Lose', Slams Trump's Warnings Over Missile Tests - Official
MOSCOW (Sputnik) - North Korea is a country that has nothing to lose, a senior official remarked on Monday in a statement published by state media, slamming US President Donald Trump's warning to leader Kim Jong-un not to engage in any hostile activities.
Buhari jets out to Egypt Tuesday
President Muhammadu Buhari will depart Abuja on Tuesday for Aswan, Egypt to attend the Aswan Forum. The gathering is designed to set an agenda for sustainable peace and development in the continent. In a statement issued on
Ericsson to pay $1 billion USD to settle corruption investigation
Ericsson has agreed to pay more than $1 billion USD (approximately $1.3 billion CAD) to resolve U.S. corruption probes.
Edible oil gets costlier due to kharif crop damage, global price rise
Floods in key producing regions resulted in major damage to standing kharif soybean crop
Samsung Executives Jailed For Two Years Following $3.9 Billion Fraud Case
Korean tech giant Samsung is in trouble with the law once again as three executives have been sentenced to prison today. Take a look here!
China says Uighur Muslims have 'graduated' from camps
Dec. 9 (UPI) -- China claimed ethnic Uighurs once held in detention centers in the western region of Xinjiang have all been released, while criticizing the United States for "attacks and smears."
Buhari to spend three days in Egypt
President Muhammadu Buhari will depart Abuja on Tuesday for Aswan, Egypt to attend a meeting designed to set “an agenda for sustainable peace and development in Africa.” Femi Adesina, presidential
Virgin Galactic's stock could soar 726%, Morgan Stanley says
Virgin Galactic's stock is soaring after an analyst said its space planes could one day disrupt the air travel industry, potentially raking in nearly a trillion dollars a year in sales.
Concerned EU weighs response to Turkey-Libya border deal
Brussels (AP) -
Liberals to release fiscal update before Christmas, Morneau says
Finance Minister Bill Morneau says the government will provide an update on federal finances before Christmas.
Hero MotoCorp bikes set to get costlier by Rs 2,000 from January 1
Auto manufactures have increased prices owing to the transition cost for migrating to the BS-VI platform
Column: Some brief chilly periods in this week's forecast, but no prolonged cold
Our next quick hit of arctic air will arrive Tuesday and last through Thursday. While it won’t be extreme cold, it will be sufficient to s
TASI ends Monday at three-month high
Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) maintained its rising trend for the third consecutive session and ended Monday’s trading in gains, reaching its highest level since last August. The Tadawul All Share Index (TASI) added 0.26% …
Saudi prince's ambitions hinge on triumphant Aramco sale
RIYADH, Saudi Arabia (AP) - Saudi Arabia is expected to set a new record for the largest stock flotation in history on Wednesday with the sale of part of Aramco, the state-owned oil company valued at $1.7 trillion.
SACA repeats call for CSA board to step down
The South African Cricketers’ Association has repeated its call for the Board of Cricket South Africa to step down.
China to Lead World in 5G Scale: Qualcomm President Cristiano Amon
According to the China Academy of Information and Communications Technology, 5G technology is expected to create more than 8 million jobs by 2030.
USD/JPY: Bears losing their grip as market attempts to bottom
USD/JPY is trading on the bid in the US session following a rise from 108.42 the low to a high of 108.66. The US dollar is holding up despite a strong
Why Investors Should Avoid Zscaler
The cybersecurity company reported strong fiscal first-quarter results and raised its guidance, but its stock price corresponds to higher expectations.
An Apparel, Footwear Group is Pushing for Amazon's Inclusion on Government's Annual "Notorious Markets" List
The U.S. Trade Representative’s 2019 blacklist of intellectual property abusers might include a striking new name: the $1 trillion e-commerce goliath that is Amazon. According to the Wall Street Journal, the Trump administration is considering adding some of the foreign offshoots of Jeff Bezos’ e-c
Eight things you probably didn’t know about new FIRS chairman, Nami
President Muhammadu Buhari on Monday approved the composition of a new board for the Federal Inland Revenue Service (FIRS), subject to...
Dinero (DIN) Price Hits $0.0002 on Top Exchanges
Dinero (CURRENCY:DIN) traded up 0.5% against the U.S. dollar during the 24 hour period ending at 12:00 PM Eastern on December 9th. During the last week, Dinero has traded 4.4% higher against the U.S. dollar. One Dinero coin can currently be bought for $0.0002 or 0.00000003 BTC on popular exchanges including Graviex, Trade Satoshi, CryptoBridge […]
Amazon says Trump’s ‘improper pressure’ doomed Pentagon bid
Amazon says President Donald Trump’s “improper pressure” and behind-the-scenes attacks harmed its chances of winning a $10 billion Pentagon contract. The Pentagon awarded the cloud...
Japan, Australia still hopeful of India’s rethink on RCEP
Despite India’s decision to walk out of the ASEAN-led 15-nation Regional Comprehensive Economic Partnership (RCEP) Free Trade Agreement last month, officials from India’s Indo-Pacific partners Austral
E-scooter company Unicorn goes bust after spending big on Facebook ads
The Texas-based company reportedly sold just 350 of its $699 commuter scooters.
Gunmen attack MD of Maersk Line, Gildas Tohouo, kill wife
Gunmen reportedly invaded the residence of the managing director of Maersk Line, Gildas Tohouo, in Ikoyi, Lagos, killing his wife in the process. Mr Tohouo is a Cameroonian while his late wife, Bernadett Kurucz, was from
Alleged P&ID Scam: Court dismisses Briton's bail variation application
The Federal High Court in Abuja, on Monday, dismissed the application for bail variation filed by a British national, James Nolan.
Data Dive, Early Fireworks Edition: Alphabet, Postmates, Costco And H&M
While there are still roughly three weeks to go until the new year starts and the fireworks go off, it seems some firms wanted to get a jump on the action.
EFCC secures 1,900 convictions, recovers N794bn in 4 years — Magu
Mr Ibrahim Magu, the Acting Chairman, Economic and Financial Commission (EFCC), says the commission has so far secured 1,900 convictions and recovered...
Sri Lanka orders medical test for Swiss employee
She had alleged abduction, sexual assault
Gbadamosi seeks repeal of Land Use Act
A real estate developer, Mr Babatunde Gbadamosi, has called for the repeal of Land Use Act to allow for freehold ownership system in all states across the federation.
10 things to know about new FIRS chairman, Muhammad Nami
Sodiq Oyeleke President Muhammadu Buhari on Monday nominated Muhammad Nami as the new chairman of the Federal Inland Revenue Service. Subject to Senate confirmation, Nami is expected to repla...
Brazil cattle feedlots grow amid environment pressure, efficiency drive
SAO PAULO (Reuters) - The use of feedlots to finish beef cows will likely grow in Brazil, home to the world’s largest commercial cattle herd, a survey by Dutch animal nutrition and health company DSM showed on Monday.
Job creation to jump 7.12% in Oct-Mar: TeamLease report
According to TeamLease's bi-annual Employment Outlook Report for HY2 2019, economic reforms lifted the spirits for seven of the 19 sectors surveyed, while nine sectors reported a decrease in their outlook for October-March period of this fiscal.
Renaissance Services restructures its share capital
The Board of Directors of Renaissance Services invited all shareholders to attend an Extraordinary General Meeting
Quarter of world's arms sales from European companies: SIPRI
The UK, France, Italy, and Germany were Europe's biggest arms sellers last year but remain behind Russia and the US.
The role of geopolitics in GCC unity
All current member states are monarchies, two absolute monarchies (Saudi Arabia and Oman), three constitutional monarchies (Qatar, Kuwait and Bahrain) and one federal monarchy (United Arab Emirates).
PH records 6.8M int’l visitors from Jan-Oct
International tourist arrivals reached over 6.8 million visitors as of October this year reflecting a 15 percent growth over same period last year, according to the Department of Tourism.
FG launches digital platform to publish daily financial transactions of agencies, ministries
PRESIDENT Muhammadu Buhari has launched the Open Treasury Portal to promote transparency and track spending in the public sector.
Over 9 million facing food shortages in African Sahel: Sources
The number of people requiring urgent food aid in 16 countries across Africa's Sahel region more than doubled this year to some 9.4 million amid an increase in violence and insecurity, officials and experts said Monday. Three countries, Nigeria, Niger and Burkina Faso, are facing crisis conditions, at phase three of five on the scale used by the Food Crisis Prevention Network, which includes government and United Nations representatives as well as NGOs.
Paul Volcker, central banker, 1927-2019
Success at the Federal Reserve laid the groundwork for anti-inflation policies around the world
Swedish diplomat faces trial for trying to free China dissident
Anna Lindstedt accused of brokering unauthorised meeting over fate of Gui Minhai
Jersey's changing climate
THE dramatic change in Jersey’s climate has been laid bare in new data which reveals the Island is seeing a significant rise in temperatures and is coming to the end of its hottest decade since records began.
Labor Union President Confirms Trump and House Democrats Have Reached Deal on USMCA: Report
The president of the largest federation of unions in the country said Monday that the Trump administration and House Democrats had reached a deal on President Trump’s landmark USMCA trade deal after months of negotiation.AFL-CIO President Richard Trumka, who represents a key party in negotiations, told
Climate change threatens food supplies
A team from the International Institute for Applied Systems Analysis (IIASA) based in Austria said climate change not only resulted in higher temperatures but is also producing more severe climatic events such as drought, heatwaves and floods. "Climatic shocks to agricultural production contribute
Ukraine Set To Legalize Cryptocurrencies As Means Of Payment And Investment
Good news came from Eastern Europe as the legislative arm of Ukraine, the Verkhovna Rada, has reportedly adopted an amended draft law that seeks to
Senate passes amendments to 10 articles of trade union law
The Senate on Monday approved draft amendments to 10 articles of the Law on Trade Unions at the fourth session of the fourth legislature. It did so without modification, following its approval by the National Assembly last month. The 10 articles comprise Articles 3, 17, 20, 21, 27, 28, 29, 54, 55 and 59 of the Law on Trade Unions, which was promulgated in 2016.
Jumia Technologies to suspend Jumia Foods delivery service in Rwanda
NAIROBI (Reuters) - Online retailer Jumia Technologies said on Monday it would suspend food and drinks delivery service Jumia Foods in Rwanda effective Dec. 9.
Workers to have legal right to tips paid by credit or debit cards, says Minister
Regina Doherty to expand scope of planned legislation governing payment of wages
Tennant (NYSE:TNC) SVP Sells $40,004.36 in Stock
Tennant (NYSE:TNC) SVP David W. Huml sold 506 shares of the company’s stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $79.06, for a total value of $40,004.36. Following the completion of the transaction, the senior vice president now directly owns 12,879 shares in the […]
Load shedding escalates to Stage 6 for first time in SA history
Eskom's spokesperson says ongoing rain, the inability to replenish water and diesel resources and units failing to come back online mean load shedding will endure.
Nine years on, graft case at CBI door
It took over nine years for complaints of massive corruption by the then Director and other officials of the National Institute of Technology (NIT) in Agartala to be processed through various governme
Bad news for Trump — 60% of Americans say the surging stock market doesn’t affect them
Most Americans don’t seem to care that much about the stock market’s performance.
Chanda Kochhar Failed To Disclose Conflict Of Interest With Videocon, ICICI Tells Bombay HC; Court Asks RBI To File Reply
The Bombay High Court on Monday asked the Reserve Bank of India to file an affidavit-in-reply in former ICICI bank CEO and MD Chanda Kochhar's plea challenging ICICI's decision to terminate...
Mexico rejects US trade deal proposals on steel, aluminum
Mexico's foreign minister said Sunday the country would not accept a US proposal for steel and aluminum production under the new trade deal, saying it would leave Mexico at a disadvantage.
South Africa announces stage 6 load shedding : This is what it means
Eskom pulled a shocker and announced stage 6 load shedding effectively at 6 pm today plunging the whole of South Africa into darkness.
All eyes on Lagarde’s ECB debut this week
Christine Lagarde delivers her first monetary policy announcements as ECB president on Thursday, with observers set to scrutinize every word for hints of the bank's future direction at a time of stuttering eurozone growth.
Nairobi Governor Mike Sonko denies corruption charges in court
Nairobi Governor Mike Sonko has pleaded not guilty to more than 30 charges of money laundering, receiving bribes and conflict of interest after appearing in court under tight security.
LHC disposes of Maryam's ECL plea, directs govt to resolve matter in seven days
LHC disposes of Maryam's plea for removal of name from ECL
Hero MotoCorp to hike motorcycle, scooter prices from January 1
Hero MotoCorp's portfolio includes affordable motorcycles like Splendor, HF Deluxe, as well as premium offerings like Xtreme 200S and Karizma ZMR. The company also markets scooters including Maestro Edge 125, Pleasure, Destini 125 and others
Rustenburg withdraws from R650m mall project over alleged exploitation | IOL News
The Rustenburg municipality in North West has pulled out of a R650 million shopping mall project in Geelhout Park, citing ...
Bad news for Trump — 60% of Americans say the surging stock market doesn't affect them
Most Americans don’t seem to care that much about the stock market’s performance.
Russia, Ukraine to revive peace process, exchange prisoners
Russian President Vladimir Putin and Ukraine's president are meeting for the first time at a summit in Paris to find a way to end the five years of fighting in eastern Ukraine.
10 Stocks With Little or No Debt to Own for the Next 50 Years
Millennials looking for stocks to own for the next 50 years might want to consider these 10 companies from various sectors of the economy.
This Dividend-Paying Chip Stock Could Switch Up a Gear in 2020
Secular end-market growth should be a catalyst for chipmaker Analog Devices in the new year.
US, Taliban Not Agreed on Reduction of Violence: Sources
Sources close to the Doha talks said the United States and the Taliban negotiators—on their third day of negotiations--have yet to agree on the terms of a reduction of violence, ceasefire a
Clovis Oncology: Best In Class
From the fundamental front, Rubraca is procuring about $147.0M in annual sales even as a second-line drug. That robust growth is powered by a 38.7% year-over-year sales growth.Not satisfied with good,
A Nobel Prize winner dispels myths about retirement, real-estate investing tips, and advice for family-estate planning
Dear Readers,
Former Ukrainian Lawmaker Handed Two-Year Sentence In Russia For Embassy Attack
Former Ukrainian lawmaker Mykola Rudkovskiy has been sentenced to 2 years in prison in Russia on charges of attacking the Russian Embassy in Kyiv in 2014.
Russia hands out passports to 125,000 residents of rebel-held east Ukraine
MOSCOW (Reuters) - Russia has issued passports to 125,000 residents of rebel-held eastern Ukraine, Russia’s interior minister said on Monday, deepening Moscow’s ties with the separatist region even as it begins talks with Kiev aimed at ending the conflict.
U.S.-Israel tech firm WalkMe raises $90 million
JERUSALEM (Reuters) - U.S.-Israeli tech firm WalkMe said on Monday it raised $90 million in a funding round led by investment group Vitruvian Partners.
Equity inflows into mutual funds dip to 41-month low
Exit load triggers outflow, but analysts see investors flocking back
Senator outlines measures to reopen Nigerian borders
A former Chairman, Senate Committee on Police Affairs, Senator Abu Ibrahim, Monday listed measure Nigeria should take to reopen its closed ...
3 Healthcare Stocks to Buy Before the End of 2019
The year-end success of the healthcare sector has led to several strong stocks to buy. Here are three of the best healthcare stocks to buy.
Goyal says tit for tat to countries discriminating with Indian cos
"Free and equal access" is the policy adopted by this government two years ago, he said at an event organised by EXIM Bank here
HC asks RBI to reply to Kochhar’s plea
Court hearing arguments on termination of services of ex-ICICI Bank MD & CEO
Rupee climbs
But so does debt It has been a rough ride for the PTI government in terms of the economic issues it has had to face. The slide of the rupee against the US dollar, record inflation, ri
Bisa Property and Morris Property Group have lodged applications for Stuart Flats redevelopment
Plans for close to 500 units on the former Stuart Flats public housing site in Griffith have been lodged with the ACT government's planning directorate.
Iraqis rally against government as Baghdad summons Western envoys
Iraqis turned out Monday to mourn a prominent activist gunned down the previous evening, the latest violent episode in anti-government demonstrations in which more than 450 people have died.
Southerly change predicted Tuesday will push the Currowan fire into more accessible open country
Crews 'quietly confident' as southerly change approached NSW South Coast
Can Debt Deal Save Chesapeake Energy Stock?
Seemingly out of nowhere, Chesapeake Energy stock received a lifeline with a debt financing deal. But should contrarians take the bait?
Nike Is Pulling Its Products From Amazon
Nike is overhauling its retail strategy and ending the pilot program with Amazon, which brought its sneakers and apparel to the world's most viewed storefront.
5 Restaurant Stocks Dominating Holiday Season Foot Traffic
Foot traffic is one of the best indicators of which fast-food restaurant stocks are best navigating the difficult environment.
Reports: Library in China burned 'illegal' books
Dec. 9 (UPI) -- Reports in China that a library staff burned dozens of "illegal" books is drawing controversy in the country, but the articles and social media posts on the matter have been removed.
Trump to meet Russia's foreign minister on Tuesday: Source
Russian Foreign Minister Sergei Lavrov will meet US President Donald Trump during talks with his US counterpart in Washington on Tuesday, the Interfax news agency cited a Russian foreign ministry source as saying.
'You guys are based in California, not Ukraine, right?' — an analyst mocked Trump's CrowdStrike conspiracy on the firm's earnings call
An analyst mocked Donald Trump's false claim that CrowdStrike is a Ukrainian company, during the American cybersecurity firm's latest earnings c...
'Thomas Cook crash almost ruined my marriage proposal'
First, the tour firm's failure risked a surprise marriage proposal, now Corryn Banham is trying to get her money back.
Fed’s repo action for year-end crunch point oversubscribed
The Federal Reserve Bank of New York’s operation to inject cash into the financial system over the end of the year was oversubscribed on Monday, indicating that participants are still hungry for funding to take them into 2020.
The US has become one of the lowest-taxed countries in the world. Here are the 6 other nations with the smallest tax burdens.
The US tax burden slid to among the lowest for major global economies in 2018. It now sits above just Ireland, Chile, and Mexico, according ...
Foreign Policy: What the West gets wrong about Russia's intentions in Ukraine
Moscow never wanted an annexation – it just wanted a bargaining chip. Understanding that is the key to settling the conflict once and for all.
T-Mobile, Sprint head to court to defend merger
Attorneys general from more than a dozen states are flexing their legal muscles in a landmark trial that could block T-Mobile's $26 billion merger with Sprint.
Accidental house fire warning as more than 500 blazes reported in Scotland
More than 500 accidental house fires were recorded across Scotland during the festive season last year, according to new figures.
Huge Christmas boost as Affinity Credit Union pays out €398,000
GOOD NEWS FOR TIPPERARY MEMBERS
Hurun’s list: Mukesh Ambani may soon break into top 5
Riding the digital wave, Mukesh Ambani, the first Indian to break into the global top 10 rich list, would emerge as one of the five richest people in the world in the next two or three years. The Chai
East of England nuclear contracts top £650m as Hinkley C contractors turn their attention to Sizewell C
More than £650m worth of nuclear contracts have been awarded to East of England companies for a nuclear power plant project which is set to provide the template for Sizewell C, it has been revealed.
Russian President Vladimir Putin Arrives in French Capital Paris for Normandy Four Talks - Video
The Normandy Format was created in 2014 to resolve the conflict in Eastern Ukraine. The representatives of the Normandy Four states: Germany, Russia, Ukraine and France, will participate in the talks. Their last previous meeting took place three years ago, in October 2016.
Pakistan Army Rejects Reports of Joint Border Patrolling with Iran
New Delhi (Sputnik): Pakistan’s public broadcaster, Radio Pakistan and the country’s leading newspaper Dawn, had reported joint patrolling along its border with Iran. Islamabad has started fencing the common border with Iran to de-escalate tensions that arose in the past, due to attacks on the Iranian Revolutionary Guard Corps (IRGC).
Retired Cop Claims NYPD Rewarded Officers for Arresting More Black Men While Avoiding ‘Soft Targets’
New York City officers were rewarded more overtime if they arrested African-American men, a bombshell declaration submitted by a former NYPD cop alleges.
AMCON takes over oil firm over N29b debt, appoints manager
The Asset Management Corporation of Nigeria (AMCON) on Monday took over Cedar Oil & Gas Exploration and Production Limited over N29 billion bad debt...
MamaMancini's Holdings, Inc.'s (MMMB) CEO Carl Wolf on Q3 2020 Results - Earnings Call Transcript
MamaMancini's Holdings, Inc. (OTCQB:MMMB) Q3 2020 Results Earnings Conference Call December 09, 2019, 08:30 AM ET Company Participants Greg Falesnik - IR, MZ North America Carl Wolf - Chairman, Chief
Hydropower industry awarded $20 million in EU funds
BRUSSELS (Reuters) - A consortium of 19 hydropower companies and organizations said it will receive European Union funding of 18 million euros ($20 million) to research the green energy form’s role, as the 28-member bloc seeks to become carbon neutral by 2050.
Walmart, Amazon to train MSMEs
E-com giants announce plans to help sector; brick-and-mortar traders peeved
government bonds launches interest rate options on 10-year government bonds
As per the statement, interest rate options are based on the underlying government 10-year bonds -- the 7.26% 2029 bond and the 6.45% 2029 bond
PICTURES: Over 100 SADA tricycles burnt in WA
Over 100 tricycles belonging to the defunct Savannah Accelerated Authority (SADA) now Northern Development Authority (NDA) have been burnt in Wa, the Upper West Regional capital. The tricycles that have been abandoned in the open at the controller fuel station, were reported to have been burnt on Monday morning according to MyNewsGh.com sources. It is believed to have been caused by wild fire in view of the impending dry season accompanied by the harmattan winds and took fire fighters several hours to bring the inferno under control but most of them were burnt beyond repairs. Sale of tricycles The Northern Development Authority started the sale of tricycles that were purchased under the defunct Savannah Accelerated Development Authority (SADA).
India ranks 129 in UN's human development index
India climbed one spot to 129 among 189 countries in the 2019 human development index, according to a report released by the United Nations Development Programme (UNDP) on Monday.
Saudi Arabia ditches rules separating women and men in restaurants
Restaurants too small to enforce the law would not allow women inside.
Concerned EU weighs response to Turkey-Libya border deal
Brussels (AP) —The European Union's top diplomat said Monday that some EU countries are concerned over Turkey's controversial maritime border agreement with Libya but that the bloc will continue studying the deal before deciding whether to take action.The maritime deal, endorsed by the Turkish parliament last week, has fueled tensions in Turkey’s long-running dispute with Greece, Cyprus and Egypt over oil and gas drilling rights in the eastern Mediterranean.The deal could give Turkey access to a contested economic zone across the eastern Mediterranean Sea and Greece has already expelled the Libyan ambassador over it.“It’s clear that it is problematic.
Marijuana testing data points to lab shopping in Nevada
When it comes to marijuana testing labs in Nevada, results may vary — wildly — according to an analysis of state data conducted by a Washington-based scientist.
Trucking giant Celadon files for bankruptcy after ex-officials charged with fraud
An Indiana trucking company with nearly 4,000 employees said Monday it filed for bankruptcy and will shut down all operations, just days after two former officials were charged in a fraud
Study highlights benefits of Medicaid expansion for Michigan enrollees
When the state of Michigan expanded its Medicaid program to provide health coverage to more low-income residents, its leaders built special features into the plan, different from most states.
Freeland heads to Mexico in effort to finalize new NAFTA revisions
Deputy Prime Minister Chrystia Freeland is to meet American and Mexican officials in Mexico City on Tuesday amid reports a deal to revise the new North American free-trade agreement is close to completion.
Trump, Saudi Arabia stay close after Pensacola shooting
President Donald Trump appears to be maintaining his support of Saudi Arabia in the wake of a deadly shooting at a U.S. naval base allegedly perpetrated by a Saudi national -- a crime the FBI presumes is an act of terrorism.
Anti-Corruption War: FG unveils financial transparency policy/open treasury portal
The Federal government on Monday launched a Financial Transparency Web Portal to enhance accountability and transparency i
Pressure mounts on FBI to answer on Florida shooting
Florida Governor Ron DeSantis, speaking at a Sunday evening press conference, said he was sure the gunman carried out an act of terrorism. He questioned whether it could have been prevented by better vetting of foreign military officers who train in the United States.
China hopes for US trade deal 'as soon as possible'
China and the United States are negotiating a so-called "phase one" deal aimed at de-escalating their prolonged trade dispute.
Paul Volcker, central banker, 1927-2019
Success at the Federal Reserve laid the groundwork for anti-inflation policies around the world
Saudi Arabia favours stronger ties with India
‘Energy cooperation key to the strategic partnership between the two countries’
Over 100 million Nigerians earn less N700 daily – UK’s EFInA
The United Kingdom’s Enhancing Financial Innovation and Access (EFInA) has disclosed that over 100 million Nigerians earn less than N700 per day.
India set to be among top advertisement markets in 2019: GroupM and Zenith
The overall market size is expected to reach Rs 95,000 crore
CGST falls short of budget estimate by 40% in April-November
In 2018-19, the actual CGST collection stood at Rs 4,57,534 crore as against the provisional estimate of Rs 6,03,900 crore for the year
POLITICO Pro Sustainability Insights: Circular batteries boost — Chemicals leaks — COP update
Visit the post for more.
Iranian Foreign Minister Says Tehran Ready for Prisoner Swap, 'Ball is in US Court' - Reports
Iranian Foreign Minister Mohammad Javad Zarif tweeted on 7 December that Iran and the United States were conducting an exchange of US-held Iranian scientist Massoud Soleimani and Chinese-American Xiyue Wang detained in Iran.
Power sector privatisation, grand scheme to defraud Nigeria ― Lawan
The Nigerian Senate President, Ahmad Lawan stated that the privatization of the power sector was a grand scheme conceived with intention to defraud Nigeria.
Letter to BS: Delhi fire tragedy shows how lethargic govt officials are
This is also the reason for frequent deaths in the national capital in public buildings
California fines CVS $3.6 million for failing to recycle
SACRAMENTO, Calif. (AP) — California is fining the nation's largest pharmacy health care provider a record $3.6 million for failing to redeem deposits on bottles and cans at some of...
Sports Illustrated owner Maven taps former publisher of New York magazine
New York magazine’s publisher Avi Zimak has been named to a top post at Maven, the tech and publishing company that is overseeing Sports Illustrated. Zimak, who also served as chief revenue officer
Corruption trial of Angolan ex-president's son begins
The son of former Angolan President Jose Eduardo dos Santos has appeared in court, at the start of his trial on corruption charges.
Jaguar Land Rover sales fall despite hopes for Chinese recovery
Jaguar Land Rover sales fell last month, despite the car maker seeing “green shoots” of a recovery in the all-important struggling Chinese market.
Daily Insider Ratings Round Up 12/6/19
Tables of the top insider purchases and sales filed with the SEC on 12/6/19, based on dollar value.Dollar values often do not equate with significance when it comes to insider trades.Proprietary Insid
Mutual Funds' asset base crosses Rs 27 lakh crore in November
Mutual fund houses witnessed an overall inflow of Rs 54,419 crore last month as compared to Rs 1.33 lakh crore in October
Falling Rail Traffic Makes Union Pacific A Sell
UNP warned Q4 rail traffic could fall by double digits. Revenue could decline slightly less.UNP expects its 2020 operating ratio to remain below 60%, which is stellar.Cost cutting may not fully protec
EU Approves State Aid to Develop Car Batteries Industry
The European Union has approved $3.5 billion in subsidies from seven member countries that want to develop the electric battery industry and challenge China's supremacy.
Malaysia Vaccinating for Polio After First Case in 27 Years
Malaysia began a vaccination campaign in a rural town on Borneo island after a 3-month-old boy was confirmed to have polio in the country's first case of the highly infectious virus in 27 years.
Iran ready for more prisoner swaps with US, not negotiations
TEHRAN, Iran (AP) — Iran is ready for more prisoner swaps with the United States, the Cabinet spokesman said Monday even as he reiterated the Iranian leadership's stance that there will be no other negotiations between Tehran and Washington.The remarks by the spokesman, Ali Rabiei, were the first after a prisoner exchange over the weekend saw Iran free a Chinese-American scholar from Princeton who had been held for three years on widely criticized espionage charges.The scholar, graduate student Xiyue Wang, was freed in exchange for Iranian scientist Massoud Soleimani who had faced a federal trial in Georgia over charges he violated sanctions by trying to have biological material brought to Iran.
Sweden charges former China envoy over dissident bookseller case
STOCKHOLM (Reuters) - Swedish prosecutors said on Monday they had brought criminal charges against the country’s former ambassador to China over unauthorized meetings in Stockholm aimed at freeing dissident bookseller Gui Minhai.
MTIANZ regard ADLS Sale and purchase agreement
MTIANZ welcomes the release of the jointly endorsed Auckland District Law Society and REINZ standard sale and purchase Agreement (10th Edition 2019). The inclusion of a toxicology condition clause (9.5), and new wording for vendor warranties (7.2), establishes certainty and protection for potential purchasers who choose to include a toxicology condition, or if the vendor fails to disclose historical information that may not comply with the New Zealand Standard NZS8510:2017.
Be Wary of Ford’s High Dividend Yield
Be wary of the high Ford stock dividend yield. Ford still can't afford the dividend since its adjusted FCF is too low and not growing.
Amazon says Donald Trump sidestepped contract rules to block $10 billion Pentagon bid
Amazon has outlined its case for reversing the Pentagon’s decision.
Shipments of Wearables Surged 94.6% in 3Q19 [Report]
Worldwide wearables shipments surged 94.6% in the third quarter of 2019, according to the latest IDC report.
Limited water availability raising concerns across the region
BRIDGETOWN, Barbados, CMC – The Barbados-based Caribbean Climate Outlook Forum (CariCOF) is warning that limited water availability will become a major concern for the region by February next year due to evolving long term drought in several...
Did Ford Make A Mistake Killing America's Focus?
The Ford Focus Active was going to be the last variant of the Focus available on the US market, but the Tru...
Arrests made after deadly New Delhi factory fire
New Delhi police have arrested the owner and manager at a factory where 43 people perished in the Indian capital's deadliest fire in 20 years.
Insider Selling: Five9 Inc (NASDAQ:FIVN) CMO Sells 3,007 Shares of Stock
Five9 Inc (NASDAQ:FIVN) CMO Ryan Kam sold 3,007 shares of the company’s stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $67.33, for a total transaction of $202,461.31. The sale was disclosed in a legal filing with the SEC, which is available through the SEC […]
'Sellers Set Their Price, We Don't Interfere,' Amazon India Retorts to Deep Discounting Accusation
The assertions come at a time when the Confederation of All India Traders (CAIT) has approached the government for its intervention regarding the "deep" discounts offered by e-commerce majors like Amazon and Flipkart during festival sales.
SPDR MFS Systematic Core Equity ETF (NYSEARCA:SYE) Stock Price Up 0%
SPDR MFS Systematic Core Equity ETF (NYSEARCA:SYE) shares rose 0% on Monday . The stock traded as high as $88.11 and last traded at $88.11, approximately 16 shares traded hands during trading. A decline of 100% from the average daily volume of 4,722 shares. The stock had previously closed at $88.09. The firm’s 50 day […]
A Reality Check: Blockchain and DLT in International Trade
New study jointly conducted by international trade organizations focuses on possibilities and challenges of blockchain tech implementation to the industry.
Fines levied by the FCA rocket more than 500 per cent
The value of fines issued by City watchdog the Financial Conduct Authority (FCA) this year has soared to £391.8m. Research [...]
Man dies in queue to buy onions, TDP hits out at AP govt
Doctors confirmed that he died of a heart attack.
New Zealand is a far more multicultural place today – its mainstream media is not
Commercial media, a business that requires public trust and goodwill, is in a tough financial position right now. Gaurav Sharma says that's in part because of its poor job of reaching immigrant communities, in the first of a new monthly column for The Spinoff. Let's start with a test, about refer
Fake Xiaomi accessories worth over $18,000 confiscated in Indian market - Gizmochina
When you are in the business of manufacturing, one problem you have to deal with is counterfeit products. They not only hurt your sales and spoil your brand name but these products can also cause harm to the user. It has been reported that Xiaomi went on a raid with the police to an Indian …
Smart Electric Bike Startup Cowboy Set to Launch Equity Crowdfunding Raise on Crowdcube
Cowboy, a Belgium-based smart electric bike startup, has announced plans to launch an equity crowdfunding campaign on Crowdcube later this week. The funding rou
With embattled airline, South Africa moves to save rail company
Years of corruption and mismanagement have put several state owned enterprises in serious financial crisis including power utility Eskom, whose financial problems have left it struggling to keep the l
Mkango Resources (LON:MKA) Trading 1.4% Higher
Shares of Mkango Resources Ltd (LON:MKA) traded up 1.4% during trading on Monday . The company traded as high as GBX 7.30 ($0.10) and last traded at GBX 7.25 ($0.10), 332,122 shares were traded during trading. A decline of 29% from the average session volume of 467,759 shares. The stock had previously closed at GBX […]
Putin sits down for talks with Ukraine leader for first time
Russian President Vladimir Putin and Ukraine's president are meeting for the first time at a summit in Paris to find a way to end the five years of fighting in eastern Ukraine.
Liz Weston: How employers help workers save for rainy days
Everyone needs a rainy-day fund — your financial health depends on it. Your employer could help you build one.Many companies offer 401(k)s and other retirem
Turkey to establish logistics centers in African countries
Turkey is establishing logistics bases in African countries after seeing an exponential rise in trade in the last 16 years thanks to the country's Africa initiative
A Reality Check: Blockchain and DLT in International Trade
New study jointly conducted by international trade organizations focuses on possibilities and challenges of blockchain tech implementation to the industry.
Sen. Rick Scott Pens Letter Warning of Chinese Influence on Campus | Breitbart
Sen. Rick Scott (R-FL) penned a letter last week to Florida's public universities to warn them of Chinese government efforts to undermine free expression on American college campuses.
Ex-Fed Chair Volcker dies, tamed inflation with recession
Paul Volcker, who as Federal Reserve chairman in the early 1980s elevated interest rates to historic highs and triggered a recession as the price of quashing double-digit inflation, has died, according to his office.He was 92.Volcker took charge of the Fed in August 1979, when the U.S. economy was in the grip of runaway inflation. Consumer prices skyrocketed 13% in 1979 and then by the same pace again in 1980.Working relentlessly to bring prices under control, Volcker raised the Fed’s benchmark interest rate from 11% to a record 20% by late 1980 to try to slow the economy’s growth and thereby shrink inflation.Those high interest rates made it so expensive for people and companies to borrow that the economy
Letter to BS: NEFT system a step closer to achieving financial inclusion
The facility to transfer money through NEFT transaction on a round-the-clock basis will benefit many customers
Dengue fever in the Cayman Islands: More local cases reported
By NewsDesk @infectiousdiseasenews Health officials with the Cayman Islands Public Health Department continue to report locally transmitted dengue fever cases, according to local media. Three additional autochthonous dengue cases have been reported during the last two weeks, bringing the total number of confirmed dengue cases since in October that were contracted locally to seventeen, with nine …
Forex Club Shutters FX Operations in Russia
Forex Club has stopped accepting services for Russian users in what has become a trend in 2019.
Top stocks to watch: YES Bank, Hero MotoCorp, ICICI Bank, Tata Motors and others
Shares of YES Bank will remain in focus after report suggested that the lender will reject an investment proposal of $1.2 billion from SPGP Holdings and Canada's Erwin Singh Braich
DOJ Argues Trump Can Profit from Foreign Governments Until Congress Passes a New Law
An attorney for the Department of Justice told a judge in Washington D.C. federal court Monday that President Donald Trump may profit from any foreign governments that patronize his private businesses. Defending against a lawsuit filed by more than 200 Congressional Democrats accusing Trump of violating the Foreign Emoluments Clause of the U.S. Constitution, attorney Hashim Mooppan argued that the clause, on its own, does not actually forbid the president from accepting such payments, it merely permits Congress to legislate on the matter.
UK apprenticeship levy’s low take-up highlighted by survey
Two years after its launch, half of the companies covered by the scheme have yet to spend anything
Equity flows in MFs dip sharply, assets rise to a record in Nov.
With stock indices rising, investors opt for profit booking; gold ETFs see inflows
Tougher financial accountability rules come into force in UK
Asset managers, independent financial advisers and hedge fund managers are lable for bans or nines
EU and African banks sign $120 million climate action facility
The EIB and the TDB have signed a deal to fund sustainable energy projects over the next 15 years.
People are paying hundreds of dollars a night to go on meditation retreats where speaking is banned, and it shows just how far the ‘wellness generation’ is taking things
Modern life is stressful.
iPath Series B Bloomberg Cotton Subindex Total Return ETN (NYSEARCA:BAL) Stock Price Down 1%
iPath Series B Bloomberg Cotton Subindex Total Return ETN (NYSEARCA:BAL) was down 1% during mid-day trading on Monday . The company traded as low as $38.71 and last traded at $38.71, approximately 130 shares changed hands during mid-day trading. A decline of 97% from the average daily volume of 4,426 shares. The stock had previously […]
Tragedy strikes 49-year-old Filipino maid who is killed after driver loses control at Farrer Road
Tragedy strikes 49-year-old Filipino maid who is killed after driver loses control at Farrer Road
France's EDF to accelerate growth in renewable projects
PARIS (Reuters) - State-controlled utility EDF is targeting around 30% of the French solar power market by 2035 and aims to develop around 1 gigawatt (GW) of solar capacity per year from next year, the head of the company’s renewables business said on Monday.
Queensland 2032 Olympic Games would be ‘a different beast’
Australian Olympic Committee president John Coates says an Olympic Games in Queensland in 2032 would offer a community benefit, but not necessarily come at a huge cost.
Zarif: Iran fully ready for prisoner swap, ball in US court
Iranian Foreign Minister Mohammad Javad Zarif has said Tehran was "fully ready" for a full prisoner exchange with the United States.
As Onion Price Reaches Rs 200 Per kg, Centre Reduces Stock Limit For Retailers
For wholesalers, the stock limit remains 25 MT, while for retailers, is has further been reduced to 2 MT from the earlier 5 MT.
First polio case in 30 years reported in Malaysia
First polio case in 30 years reported in Malaysia
Why Canopy Growth Stock Just Popped 11%
Canopy just crowned a new king of cannabis.
Pentagon's Concern About Rising Support for Russia Among US Troops 'Runs Deep' - Report
The trend is not limited to the US - in February polling revealed the average German holds Russia and China in higher regard than the US, with which their government is allied.
Bitcoin in wait-and-see mode as downward trend persists
With Bitcoin’s wild price swings subsiding over the past week, investors are now looking ahead to its next potential breakout.
CGST collections miss target by 40% in Apr-Nov.
‘Registered 999 cases of GST evasion’
OZY Media sees "exponential growth" from MENA in entertainment, media
Mubasher: The global media pioneering company, OZY Media, said it will increase its focus on the entertainment and media industry across the MENA region.
Sensex rises 42 points; bank, auto stocks shine
Market benchmark BSE Sensex rose over 42 points on Monday to close at 40,487.43, driven by buying in select bank and auto counters.
Amazon Accuses Trump of ‘Improper Pressure’ on JEDI Contract
In a legal complaint, Amazon said that the president attacked the company behind the scenes to harm its C.E.O., Jeff Bezos, “his perceived political enemy.”
Spec Comparo: KTM 390 Adventure vs Royal Enfield Himalayan vs BMW G 310 GS vs Kawasaki Versys-X 300
The Himalayan is the most affordable in the comparo while the Versys-X 300 is the priciest
After nod to Recycling of Ships Bill, India eyeing 60% global share: Govt
Terming the passing of the Bill as a giant step and a historical moment in the Indian maritime arena, Mandaviya said it will have far reaching effects on the ship recycling industry.
A Nobel Prize winner dispels myths about retirement, real-estate investing tips, and advice for family-estate planning
Investing Insider is your one-stop shop for high-profile investor interviews, trade recommendations, and actionable analysis.
Opec production cuts compliance could push oil price to $70
The combination of strong production cut compliance from Opec and its allies and a US-China trade deal could push the price of Brent crude to $70 in 2020.
Hearables fuel wearable shipment surge
The growing popularity of wireless ear and headphones pushed wearable shipments in the third quarter ...
Tata Motors to add another 100 sales outlets for PVs
Auto major Tata Motors plans to add 100 sales outlets for passenger vehicles by the end of the current fiscal as it aims to enhance its reach in the country, a senior company official said.
Iraqis rally against government as Baghdad summons Western envoys
Iraqis turned out Monday to mourn a prominent activist gunned down the previous evening, the latest violent episode in anti-government demonstrations in which more than 450 people have died.
Putin, Zelenskiy Meet In Bid To Bring Peace To Eastern Ukraine
Russian President Vladimir Putin and his Ukrainian counterpart, Volodymyr Zelenskiy, met in Paris for long-awaited talks on resolving the military conflict in eastern Ukraine.
Climate change threatens food supplies
Climate change threatens food supplies if extreme weather conditions hit more than one grain producing region at a time, scientists warned Monday.
New entry fees for visitors to Oman’s Damaniyat Islands
If you’re planning to visit Damaniyat Islands in Oman, you need to pay an entrance fee.
Kingdom calls on Japan to increase number of direct flights to Siem Reap, Phnom Penh
Cambodia is requesting Japan to increase the number of direct flights from Japanese cities and provinces to Phnom Penh and Siem Reap, so as to contribute to increasing cooperation and tourist numbers between the two countries.
Executives at state-run companies oppose privatisation of BPCL
Thousands of workers have already protested the privatisation of BPCL, fearing job losses, as India plans to invite international energy firms to participate in the privatisations
Brokerages Set Great Portland Estates PLC (LON:GPOR) Price Target at GBX 724.09
Great Portland Estates PLC (LON:GPOR) has been given a consensus recommendation of “Hold” by the fifteen brokerages that are currently covering the firm, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a sell rating, six have issued a hold rating and four have issued a buy rating on the company. The […]
DOJ argues Congress can't take non-legislative steps against Trump on emoluments
The Department of Justice argued before a federal appeals court on Monday that the only way for Congress to take action against President Trump over alleged violations of the Constitution’s
Stocks, gold gain as trade war spurs both hopes, concerns
NEW YORK (Reuters) - Global equity markets advanced on Monday as stocks on Wall Street held near record highs on hopes U.S.-Sino talks delay a U.S. tariff deadline this coming Sunday, while gold rose as investors hedged against a possible escalation in the trade war.
Aim is to boost private investment, says CEA
‘Corporate tax rate cut will help’
Paul Volcker, former Fed chairman, dies at 92
Paul Volcker, the former chairman of the Federal Reserve known for his battles against inflation in the late 1970s and early 1980s, has died. He was 92.
Environmental group in Singapore pushes for sustainable palm oil use
Environmental group in Singapore pushes for sustainable palm oil use
S&P 500, Nasdaq edge higher; tariff deadline in focus
NEW YORK, Dec 9 — The S&P 500 and Nasdaq indexes edged higher today, with investors keeping a close watch on headlines around US-China trade as planned tariffs on Chinese imports kick in on December 15. Beijing and Washington are negotiating a first phase trade deal aimed at de-escalating...
Go-Ahead Group plc (LON:GOG) Receives Average Rating of “Hold” from Analysts
Go-Ahead Group plc (LON:GOG) has earned an average recommendation of “Hold” from the seven ratings firms that are presently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and three have issued a buy recommendation on the company. The average 1 […]
Weatherman Issues Update on Cyclone Belna
In a statement sent to newsrooms, the Kenya Meteorological Department admitted that...
Bharat Bond ETF to open this week: check date, investment, return, other details
The Bharat Bond ETF will have a base size of Rs 7,000 crore, with a green shoe option of additional Rs 8,000 crore. Retail investors can invest with the minimum investment amount of Rs 1,000 and in multiples of Rs 1,000 thereafter
Huobi US Closes Doors After Weak Demand
The US partner of the Huobi exchange has decided to fold its business, due to low demand and liquidity. The HBUS platform will stop its operations after
Siptu and Unite members in Virgin Media vote to take industrial action
Virgin Media said it has not received any notification from the unions.
Minister Senzo Mchunu announces massive cuts to ministers' perks, expenditure | IOL News
Public service and administration minister Senzo Mchunu announced wide amendments to the ministerial handbook.
Bad news for Trump — 60% of Americans say the surging stock market doesn't affect them, Business Insider - Business Insider Singapore
Business Insider - Only 40% of respondents in the Financial Times poll said that the stock market had gone up this year. The S&P 500 has soared about 26% in 2019.. Read more at businessinsider.sg
McLaren evaluating India entry
British supercar maker McLaren is looking to expand to our market in the coming years. Click here for all the details.
'Middle-class' carriages: Rail passengers offered 'premium economy' fares
Three classes of travel will be introduced to Britain's railways for the first time in 60 years, the chief executive of the new West Coast mainline has announced.
Liberals to release fiscal update before Christmas, Morneau says
OTTAWA — Finance Minister Bill Morneau says the government will provide an update on federal finances before Christmas. Morneau is introducing legislation today to provide a tax break for anyone earning under $147,000 a year.
Senior North Korean official calls Donald Trump 'erratic old man'
It follows Trump making his own statement.
Petrol price hits Rs 75 per litre mark, diesel crosses Rs 66
The increase pushed price of petrol to Rs 75 per litre in the national capital and that of diesel to Rs 66.04 per litre.
Zacks: CNS Pharmaceuticals Inc (NASDAQ:CNSP) Receives Average Rating of “Strong Buy” from Brokerages
Shares of CNS Pharmaceuticals Inc (NASDAQ:CNSP) have been given an average broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy rating. Zacks has also assigned CNS Pharmaceuticals an industry rank of […]
Wattpad to open second headquarters in Halifax in early 2020
The storytelling platform said Monday that starting early next year it will have a team based out the 60,000-square-foot Volta innovation hub in the city's downtown core to better integrate with the local tech community.
Universal Insurance mulls new capital raising to boost capital base
Universal Insurance Plc is considering raising new equity funds to bolster its operations and strengthen its capital base ahead of deadline for ...
Take Five: Euphoria to despair and back again
(Reuters) - 1/ELECTION NIGHT FEVER
Traffic and transportation strategies for the 2020 Games
Innovative traffic and transportation management strategies are being developed to handle the surge in travelers and traffic during the games and the various trial events.
Tesco shares jump on possible sale of Asian business
Share price soars as grocery chain announces review of its Asian operations
Temperatures set to soar into 40s in NSW heatwave
Firefighters are trying to contain dozens of bushfires across NSW before temperatures soar later this week.
VA Tech Wabag, Ion Exchange rally over 15% after NGT grim report on water pollution
Va Tech Wabag is a multinational player in the water treatment industry.
At least 5 killed after New Zealand volcano suddenly erupts
At least five people were killed, up to 20 injured and several were reported missing after a volcano suddenly erupted off the coast of New Zealand’s North Island on Monday, spewing a plume of ash thousands of feet into the air. More casualties were feared on White Island, where the volcano erupted at about 2:11…
Avocados with edible coating to go on sale in Europe for first time
US technology allows fruits to stay ripe for twice as long and reduces plastic packaging
Russian forces enter former Islamic State stronghold in Syria after U.S. pullback
Russian forces have entered Raqqa, the former de facto capital of the Islamic State caliphate, in one of the starkest examples yet of how Moscow has filled the vacuum created by President Donald Trump's decision to pull U.S. forces from northern Syria. Russian troops were shown in footage on the
Flashy Nairobi governor pleads not guilty to graft charges
The flashy governor of Nairobi on Monday pleaded not guilty to over 30 charges of money laundering, receiving bribes and conflict of interest in a court appearance held under tight security. Governor Mike , the latest top official to be hauled in on corruption charges in Kenya, is accused of having
Scandal hits Northern Regional Coordinating Council; top official fingered
A huge financial scandal has hit the Northern Regional Coordinating Council (NRCC) involving an official with the bursary department who is alleged to have diverted over hundred thousand Ghana cedis into his personal account through fraudulent means. Baba Osman Daney, 45, who is at the centre of the scandal, has since been transferred from the unit and according to a provisional charge sheet sighted by this portal faces charges of forgery, contrary to section 158 of the criminal offences code act 1960 (Act 29), stealing contrary to section 124(1) of the criminal offences act and corruption of public officers, could soon be arraigned before court. According to the statement of offence, the civil servant who is under the direct supervision of the Controller and Accountant General’s Department in October 2019 forged four bank cheques of the Northern Regional Coordinating Council and withdrew the total sum of GH¢119,423.60. The amount according to officials of the NRCC who lodged a complaint with the Criminal Investigation…
UP Cabinet approves Zurich Airport International as developer for Jewar airport
The Swiss firm had on November 29 emerged as the highest bidder to develop the Jewar airport on the outskirts of Delhi
At Least 16 People Dead in Uganda Floods
Kampala - Flooding in Uganda has claimed at least 16 lives, the Red Cross said, as the region reels from weeks of rain.
Lynas says investing in new plant to extract low-level radiation before shipping ore here
KUALA LUMPUR, Dec 9 — Lynas Corporation Ltd said today it will open a new cracking and leaching plant in Kalgoorlie, Western Australia to extract low-level radioactivity from materials to be shipped to Malaysia for final treatment. The Australia-based rare earth miner said it has signed an option...
WATCH: SA struggling to keep calm in December as load shedding takes its toll | Cape Argus
From the serious to the lighthearted, many South Africans have been sharing their often disgruntled feelings as they endure Eskom's load shedding.
The next booster shot to revive economy may not be far away
Going by what the indicators are showing so far, third quarter doesn't hold any hopes of revival.
First Trust New Opportunities MLP & Energy Fund: Our Top Pick Among MLP CEFs
FPL has presented a strong performance in 2019 despite continued weakness in MLPs and the midstream energy industry.We think the fund has value considering current discount to NAV and potential rebou
Sri Lanka arrives for first test in a decade in Pakistan
Islamabad - Sri Lanka's cricket team arrived in Pakistan on Monday to play two-test series that will be the first test in Pakistan in over a decade.
IDEG Launches 2 Bitcoin Trusts in Asia
Digital asset management firm IDEG Investment on Sunday announced the launch of two crypto trusts - Asia Bitcoin Trust I and Atlas Mining Trust I.
Palestinians in Bethlehem Look beyond Religious Tourism
For decades, the people of Bethlehem have watched tour buses drive up to the Church of the Nativity, disgorge their passengers for a few hours at the traditional birthplace of Jesus, and then return to Israel. But in recent years a new form of touris
What’s driving capital market developments in South Africa and Namibia? - CityAM
South Africa - the second-largest economy in Africa after Nigeria - has considerably higher GDP than its sub-Saharan neighbours.
Loan defaults mainly due to salary delays, biz downturns, says survey
The survey comes months after official data showed that unemployment is at a four-decade high, the pace of economic growth slipping to a six-year low
Najib Says He’s Right to Buy $131,000 Gift for Wife: 1MDB Update
(Bloomberg) -- Najib Razak said he has the right to buy birthday presents for his wife and gifts for a former leader of Qatar using funds that prosecutors allege was siphoned from a former unit of 1MDB.Malaysia’s former prime minister testified in court that he spent 763,500 euros ($845,000) at jeweler
Age of the rental: SOC as a service, IaaS, DaaS, HaaS
Challenging economic forecasts and complex local and global political outlooks has companies focused on sustainability, says Patrick Reeves, managing executive at Axiz.
India Ends Disappointing Year in Crypto, Will 2020 Be Better?
Regardless of crypto market price action, some countries have had a better 2019 than others. India has been on the back foot for most of it ...
Meet the "Blue Magpie": Taiwan's New Domestically-Made Fighter?
Here's what we know.
Climate change policies are going to be costly, says U.N.-backed report
Tighter government climate regulations by 2025 could wipe up to $2.3 trillion off the value of companies in industries ranging from fossil fuel producers to agriculture and car makers, an investor group warned in a report. Rules aimed at lowering carbon emissions are expected to accelerate in the coming years as countries scramble to meet obligations under the 2015 Paris climate agreement limiting global warming. "As the realities of climate change catch up, social pressure mounts, and low car
Turkey says it has deported 11 French terrorist suspects
Turkey said on Monday it had deported 11 French nationals back to France as part of a program to extradite what it says are foreign terrorist fighters. Turkey's Interior Ministry, which made the announcement, gave no details. France's Foreign Ministry declined to comment, but diplomatic sources
Representatives of King Fahd University of Petroleum & Minerals visit Baku Higher Oil School
BAKU, Azerbaijan: The Representatives of Saudi Arabia’s King Fahd University of Petroleum & Minerals (KFUPM) visited the Baku Higher Oil School (BHOS) and met its Rector Elmar Gasimov to discuss the possibilities of establishing cooperation between the two Universities and prospects for effective collaboration, Azerbaijan State News Agency AZERTAC reported. The meeting was attended by the Dean of College of Petroleum Engineering & Geosciences of KFUPM Dr. Abdulaziz Al-Kaabi, the Doctor of Philosophy in Geology and the Deputy Head of the Geological Sciences Department Dr John Humphrey, the Doctor of Philosophy in Geophysics Dr SanLinn Kaka, the Head of the Oil and Physics Program at the Center for Integrative Petroleum Research Dr Jack Dvorkin, the Special Assistant to the Dean of College of Petroleum Engineering & Geosciences of KFUPM Mohammad Al Maziad, and BHOS employees. The BHOS Rector Elmar Gasimov noted that Baku Higher Oil School is the first English-language technical University in Azerbaijan, which conducts…
Russia and Ukraine leaders, in first talks, agree to exchange prisoners
PARIS (Reuters) - The leaders of Russia and Ukraine agreed on Tuesday to exchange all remaining prisoners from the conflict in east Ukraine by the end of the year, but left thorny questions about the region’s status for future talks.
South Korea jails three Samsung Electronics executives over evidence destroyed in probe of alleged fraud
SEOUL (Reuters) - A South Korean court on Monday jailed three executives of Samsung Electronics (005930.KS) for their role in a plot that included burying computers under factory floors at its biotech affiliate, in an investigation of alleged accounting fraud.
Australia's climate plan earns no credit
If the federal government gets its way on tackling carbon emissions, this will send a very bad signal to other countries that are already trying to twist the rules.
Sweden’s ex-ambassador to China charged after setting up unofficial meetings over detained bookseller
Sweden’s former ambassador to China has been charged with “arbitrariness during negotiations with a foreign power,” over her involvement in a series of unauthorised meetings related to detained boseller Gui Minhai. Anna Lindstedt, Sweden’s former ambassador, led negotiations to release Gui in exchange for his daughter’s silence in January this year. Gui is currently imprisoned in China. […]
Xiaomi takes on Apple in Japan with Mi Note 10 featuring 108-megapixel camera
The Mi Note 10 will cost approximately $486
CAPA's World Aviation Outlook Summit heads to London Stansted in 2020
CAPA – Centre for Aviation (CAPA) announced London Stansted Airport as the host of the CAPA World Aviation Outlook Summit in 2020 during this year’s Summit proceedings in Malta. To be held on 2-3 Decεμβερ 2020, the Summit will welcome over 200 aviation executives to analyse the industry’s performance over the year, discuss the current state of play and forecast the outlook of the aviation market. Covering all regions - Europe, Asia, Middle East, Americas and beyond - expert speakers will
Vandals damage cars in Arab neighborhood of east Jerusalem
DUBAI: The quality of youth is said to determine the kind of future a nation will have. Experience shows that high levels of youth participation in a country’s workforce and political discourse can have a positive impact on societal development. Sadly, only a few Arab countries offer their youth these opportunities.
India rises one rank to 129 in human development index
Schemes such as Ayushman Bharat, PMJDY crucial for development, says UNDP official
YES Bank likely to reject $1.2 billion offer from Canada’s Braich
The offer from Braich and SPGP made up 60 per cent of the planned capital raising.
Nicholas Fang to moderate ‘In Conversation with President Barack Obama’ on December 16
Nicholas Fang to moderate ‘In Conversation with President Barack Obama’ on December 16
Bihar jail asked to make execution ropes, speculation rife it's for Nirbhaya convicts
The Buxar jail, the only prison in the state having the required knowhow, received an instruction to the effect last week, though it was not known where these ropes -- strong with a short shelf-life -- would be dispatched.
Rockets Hit Base Near Baghdad Airport, Six Wounded
An army complex that hosts U.S. forces next to Baghdad International Airport was hit by several rockets, wounding six Iraqi troops, the military said in a statement.
Oil prices stumble on weak China exports hangover
Oil prices fell on Monday after data showing China's overall exports of goods and services shrank for a fourth straight month, sending shivers ...
Singapore to arrest sanctioned Russian ship over unpaid parking debts
Singapore to arrest sanctioned Russian ship over unpaid parking debts
Should I buy from Kickstarter?
You can find many interesting things on Kickstarter. We explain why it's not like normal online shopping, and the things to watch out for before you spend any money.
Kenney aims for clear signs of federal action on two-day Ottawa trip
Alberta Premier Jason Kenney set out a dire picture of the economic and social impact of federal policy on Alberta Monday as he embarked on a two-day political trade mission in the capital.
Bafana star Zungu almost loses his house – report
Bongani Zungu reportedly almost lost his house after he failed to pay the monthly instalment for 12 months.
Men in khaki to soon don khadi! Para-military forces to use hand-woven fabric in uniforms
Home Minister Amit Shah also instructed the DGs of all para-military forces to use village industries products such as pickles, papad, honey, soaps and detergents, shampoos, phenol, tea, mustard oil etc. in their canteens
AFN: Shehu-Gusau vows to unravel corrupt practices
Ibrahim Shehu-Gusau, embattled President, AFN, has said that the federation will work diligently to unravel all corrupt practices in the federation.
It Looks Like a B-2 Bomber: Here Comes Russia's Okhotnik Stealth Drone
Take a look.
At $1.6 trillion a day, EM FX trading outpaces major peers
Currency trading grew at a faster pace in emerging markets than developed nations.
Rockets hit military base near Baghdad airport
Four Katyusha rockets struck a military base next to Baghdad International Airport in Iraq's capital on Monday wounding "six fighters", the military said.
Powercor report advocates for eight-fold increase of ageing wooden pole replacements
Powercor report advocates for eight-fold increase of ageing wooden pole replacements.
Higher MSP fosters surge in paddy arrivals in Chhattisgarh's centres
Over 700,000 tonnes of the crop arrived in a week. State has till date disbursed Rs 7,000 cr to farmers, who will be paid Rs 1,815 a quintal for common grade and Rs 1,835 for A-grade produce
Is the FDA's Speedy Approval of New Drugs Putting Us at Risk?
The Food and Drug Administration's rapid approval of drugs may be a blessing in disguise, potentially putting life-threatening drugs into the marketplace.
SAS to open direct route to Haneda
Scandinavian Airlines System (SAS) announced a direct route to Tokyo Haneda International Airport from Copenhagen Kastrup. The route gives travelers better access to downtown Tokyo and with All Nippon Airways (ANA), a fellow Star Alliance member, the route will increase connectivity to 30 domestic destinations in Japan. The direct Copenhagen-Haneda route will be served by SAS’ new Airbus A350 aircraft. As the most environmental-friendly airplane on the market, the A350 will reduce emissions by 30 percent compared to earlier generations of similar
Inflated haredi draft numbers: 'The orders came from the top'
Former officer in IDF's manpower directorate who was involved in inflating of haredi draft numbers says orders 'came from the top.'
China’s Central Bank to Lead Real-World Pilot of Digital Yuan: Report
A limited debut of China’s long-touted central bank digital currency is set to begin in the city of Shenzhen by the end of 2019, according to a media report.
European companies minimise risks from US-China trade war
European companies in China have been able to minimise the effect from the tariff war between Beijing and Washington, although some are considering relocating their businesses, the EU Chamber of Commerce said Monday.
Creswick Woollen Mills: Huge upgrades unveiled
More than $1 million was injected into the tourist attraction
Armed with new data, BMS plans filings for Celgene CAR-T liso-cel
Shortly after closing its takeover of Celgene, Bristol-Myers Squibb has reported a positive trial for liso-cel, one of the
Trans Adriatic Pipeline nearly completed, will be operational in October 2020, says official
Over 90% of the Trans Adriatic Pipeline (TAP), the European leg of the Southern Gas Corridor (SGC), is completed and will start delivering Azerbaijani gas...
At $1.6 trn a day, EM currency trading outpaces peers, rupee deals double
In early 2016, emerging-market currencies began a two-year rally that took MSCI Inc.'s gauge to a record as investors sought higher-yielding assets
Plastics NZ to ‘Make Best Practice Standard Practice'
Plastics NZ Endorses Plan to ‘Make Best Practice Standard Practice’
India climbs one spot to 129th in 2019 human development index: UNDP
In India, 27.1 crore people were lifted out of poverty from 2005-06 to 2015-16, UNDP India resident representative Shoko Noda said
South Korea: Gov’t Seeks to Tax Crypto Transactions as Capital Gains
South Korea's government plans to tax capital gains returns on cryptocurrency transactions.
China Tells Government Offices To Remove All Foreign Computer Equipment
China has ordered that all foreign computer equipment and software be removed from government offices and public institutions within three years, the Financial Times reports. hackingbear writes: The government directive is likely to be a blow to US multinational companies like HP, Dell and Microsof...
Lower Hutt street cleaners receive the living wage
9 December 2019
How a Risky Court Decision Can Give China the Lead in 5G Technology
In spite of the lingering trade discrepancy in advanced technology products, the United States stays as the worldwide trendsetter for telecommunications and networking. U.S. firms are presently battling against Chinese state-influenced companies such as Huawei, for one, that will identify if the American dominance continues into this 5G technology generation.
Indonesia’s export ban can boost nickel exports from the Philippines to China, says GlobalData
Nickel is mined from many sources around the world and is presently used for stainless steel, nonferrous alloys, electroplating, alloy...Read More...
Why health care premiums are higher in rural places
Why do rural patients pay higher health care premiums? New research finds it's not primarily an issue of having too few doctors.
Breaking: Over 100m Nigerians earn less than N700 per day — EFInA
A survey report by EFInA has shown that over 100 million Nigerians earn less than N700 per day which limits them to save, make income or take risks on...
Chinese smartphone maker Xiaomi makes foray into Japanese market
Xiaomi Corp., the world's fourth-largest maker of smartphones, is entering the Japanese market, embarking on a quest to win the hearts of iPhone-loving Jap
Antony Catalano, Bruce Gordon reject Seven West Media's takeover bid for Prime Media
Australian Community Media executive chairman and Prime Media shareholder Antony Catalano has confirmed he will vote against Seven West Media's proposal to sw...
Satoshi Nakaboto: ‘Ermahgerd, there’s a Bitcoin node in the International Space Station now’
Our robot colleague Satoshi Nakaboto writes about Bitcoin BTC every fucking day.
Sydney's Bushfire Smoke Pollution Is Now The Worst In NSW's History
Sydney has once again found itself facing some of the worst air pollution in the world due to bushfire smoke drifting in from one of the most devastating bushfire seasons Australia has ever faced....
QCB set to announce FinTech strategy
Qatar Central Bank (QCB) Governor H E Sheikh Abdulla bin Saoud Al Thani said yesterday that the central bank is working on the banking industry’s financial technology (FinTech) strategy, in cooperation with leading financial institutions and financial technology companies. The strategy, where the central bank would contribute to creating a modern regulatory environment that supports innovation and market stability, will be announced soon, he said.
Financial sector clean-up: Government of Ghana waiting on Parliament's approval for GH¢15.6billion bailout
The government of Ghana says it is on course to secure Parliamentary approval for GH¢15.6 billion bailout for the financial sector clean-up.
Boko Haram: Troops rescue 31 women, children in Borno
The Nigerian Army has said that its troops have rescued 31 persons comprising 14 women and 17 children at Mantari, Malam Masari and Gabchari Villages in Bama Local Government Area of Borno State. ...
World Bank takes a stance on Isimba hydropower project
The World Bank has approved a Management Action Plan, in response to complaints regarding the construction of Isimba Hydropower Project.
The 2019 CPhI Pharma Index Report
Examining this year’s industry performance
40th GCC summit: The beginning of reconciliation?
Doha, Qatar - As leaders prepare to convene the 40th Gulf Cooperation Council (GCC) summit on Wednesday, a possible resolution to the blockade on Qatar that has lasted more than two years will dominate discussions, analysts say.
Big European firms ‘dodging China-US tariffs by shifting supply chains’
European companies are ‘settling in’ to the trade war, Chamber president says
GBP/USD eases from 8-month tops, still comfortable above mid-1.3100s
The GBP/USD pair spiked to fresh eight-month tops during the early part of Monday's trading session, albeit quickly retreated around 20 pips thereafte
Who is Henry Gabay, Derby County's potential new investor?
The London-based businessman is in advanced talks with the Rams about an investment partnership with current club owner Mel Morris
Lawyer Asks Racists To Use Sketchy Millions They Got From UNC To Fund Scholarships For Black Students To Avoid Lawsuit For Bogus Takedown
Last week we wrote about the sketchy, sketchy deal in which UNC gave some racists $2.5 million to settle a lawsuit that was filed after...
Three front-line nations drifting into chaos
Let's hope that Washington has enough wisdom to keep Ukraine, Turkey and South Korea on our side.
How much money are people willing to spend on their kids this Christmas?
Are you going to spend more or less than the UK average?
Kenya’s President Uhuru Kenyatta comes up with 6 areas Africa and Caribbean countries need to join hands and put their money in
President Uhuru Kenyatta has outlined six key focus areas that need revamping in order to jump start industrial transformation of the African, Caribbean and Pacific (ACP) member countries.
ASSA ABLOY AB/S (OTCMKTS:ASAZY) Receives Average Recommendation of “Hold” from Brokerages
ASSA ABLOY AB/S (OTCMKTS:ASAZY) has received an average rating of “Hold” from the seven analysts that are presently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating on the company. The average 1 year target […]
Quake hits Florence area, trains temporarily suspended
ROME (Reuters) - An earthquake struck north of Florence on Monday morning, sending people fleeing from their homes, damaging some buildings and causing cancellations or severe delays to trains across Italy.
Airbus stock outperforms Boeing as 737 uncertainty continues
Some expect Airbus’s shares to continue to benefit from the confusion in 2020.
South Korea jails three Samsung Electronics executives over evidence destroyed in probe of alleged fraud
A South Korean court on Monday jailed three executives of Samsung Electronics for their role in a plot that included burying computers under factory floors at its biotech affiliate, in an investigation of alleged accounting fraud. Prosecutors began investigating the suspected fraud at Samsung Biologics
Don’t let unwise December spending result in ‘Januworry’
Legodi cautioned against the services of loan sharks in January
'India took only five years to move from USD 2 to USD 3 trillion economy'
"It took us nearly 60 years after independence to achieve USD 1 trillion mark. It took 12 years to achieve our second trillion (dollar economy). And it has taken only five years, 2014 to 2019, to achieve the third trillion economy," Indian Ambassador to the US, Harsh Vardhan Shringla, said in his address to the Indian-American community.
Weather chaos: tourists stranded on West Coast for days
Weather chaos: tourists stranded on West Coast for days
Let 2020 be the year you get the operation you need
Explore the three routes of care available through Peninsula NHS Treatment Centre
South Korea Financial Markets
Stock markets weakened during European trading on Monday as investors weighed the possibility of more U.S. tariffs on China and the outlook for negotiations on the trade dispute. A Chinese official said that Beijing wants a prompt settlement of its trade war with Washington as another U.S. tariff hike
IIT-Madras placements: 184 firms offer 831 jobs
The top recruiters during 2019-20 include Micron Technology India Operations with 31 offers ; Intel (20); Microsoft India (19) and Tata Consultancy Services (16).
Nigeria set to open extractive industry ownership register -- Here's how it will work
This week, Nigeria will launch the Beneficial Ownership Register in the extractive industries in line with the global EITI standards.
Ashkelon under Water, Residents Sail in Kayak on Hanamer Street
“There was water in the closets, in the beds, in the downstairs unit. Objects were floating."
Gameloft UK shuts down
Update: Mobile publisher confirms layoffs in Brisbane, closed Manila office earlier this year
Support smaller think tanks in Japan
Hundreds of smaller think tanks and personal offices — essentially small to medium-sized enterprises — around the country may hold the key for Japan's rebirth.
Auto sector is in transition phase, no threat of job losses: Govt in RS
Union Heavy Industries Minister Prakash Javadekar said no closure of any automobile or ancillary manufacturing units has been reported in the past three years
NERSA to hold Eskom RCA public hearings in Feb 2020
The National Energy Regulator of South Africa (NERSA) has announced the timelines to process Eskom’s RCA application for the 2018/19 financial year.
Asian stocks pulled higher by Wall Street jobs rally but China caution prevails
Asian stocks edged up on Monday, catching some of Wall Street's momentum after surprisingly strong U.S. jobs data although regional gains were ...
Recent cut in corporate tax rate was done to boost investments: CEA
"Private investment is the driver of economic growth. Steps that we are taking, be it corporate tax rate cut, be it code on wages and industrial relations, is to try and create a more favourable environment for investment," Subramanian said at the FICCI Young Leaders Summit
Perth pub closes doors after nearly 50 years
PUNTERS can take home a piece of a Perth pub which has closed its doors after nearly 50 years.
We’ve crunched the numbers – nationalisation would be a bargain
Our research shows nationalisation would pay for itself in seven years, says David Hall, visiting professor at the University of Greenwich
Factory owner, manager nabbed after Indian capital's deadliest fire in 20 years
Police in New Delhi have arrested the owner and manager at a factory where 43 people perished in the Indian capital's deadliest fire in 20 years, a spokesman said on Monday.
How to treat your money well
India Business News: NEW DELHI: Regret is tough to deal with.
First Distribution and Veeam – an African partnership
Through First Distribution’s African footprint, Veeam is now available across SADC countries, as well as Central, East and West African countries.
Yakut Shaman Resumes March To Moscow 'To Drive Putin Out Of Kremlin'
Yakut shaman Aleksandr Gabyshev has resumed his march to Moscow from his native far-eastern region of Yakutia "to drive [President Vladimir] Putin out of the Kremlin."
Shopping local is part of a vibrant community
Buying locally is an integral part of what it takes to have a healthy and vibrant community. By encouraging our consumers to do their holiday shopping in locally owned businesses it increases the measurable effect that every dollar spent in a local business has on local economies.
In the works: PNP-HPG Major Road Crash Investigation Division
THE Philippine National Police Highway Patrol Group (PNP-HPG) is on its way to activate its Major Road Crash Investigation Division which will investigate deadly vehicular accidents across the country and recommend scientific measures to prevent them from happening again and again, the Journal Group learned yesterday.
European stocks stutter as attention turns to trade deadline, central bank meetings
LONDON, Dec 9 — European stocks fell today as worries about a Chinese economic slowdown and the US-China trade war outweighed Friday’s strong US jobs data, in a quiet start to trading before several big events later in the week. The Federal Reserve meets on Wednesday and new European Central...
These are the African countries with the best 4G internet coverage
Every year, the Global Connectivity Index (GCI) by Huawei ranks 79 nations along an S-curve graph. The S-curve groups countries into three clusters: Starters, Adopters, and Frontrunners based on ICT investment, ICT maturity, and digital economic performance. This year’s GCI research methodology has been expanded to help policymakers understand AI’s growing influence on the global...
PBoC to Test Crypto Yuan with Telecom Firms, Commercial Banks
People’s Bank of China is entering another stage of its tests for a crypto payment system. This will be carried out telecom firms and banks.
Exergy helps insurers overcome complexities surrounding Debicheck
Exergy automates the Debicheck mandate process for insurers who have already implemented it.
How bad leadership, corruption fuel poverty in Africa
More than 70 per cent of Africa’s estimated 1.2 billion people are said to be suffering from high unemployment, inequality and poverty.
Online users slam MOE for providing misleading statistics and poor justification on scholarships for foreign students from India
It was reported that scholars from India under scholarships administered by the Ministry of Education (MOE) would be arriving in Singapore this month and next month. They are essentially scholarship holders of A*STAR Youth Scholarship and SIA Youth Scholarship. Some would be going to Sec 3 while others to pre-university 1. Since the announcement, there …
IFA staging blockade outside Tesco distribution centre in Dublin
The latest blockade is part of the ongoing farmer campaign for an increase in beef prices.
Kenney and cabinet ministers in Ottawa to meet federal counterparts
OTTAWA — Alberta Premier Jason Kenney and eight of his cabinet ministers will be in Ottawa today as part of a trip to meet their federal counterparts. Kenney will speak at the Canadian Club this afternoon and later host a reception.
Macron eyes European leadership
If the U.S. declines play a uniting role in the democratic world, more parochial, divisive visions will come to the fore.
How China Mobile Sustains A 5% Dividend Yield, In 5 Charts
China Mobile is the largest mobile phone operator in the world, again trading at a 5% dividend yield backed by steady free cash flows.Compared with both domestic and US telecom counterparts, China Mob
A less than satisfactory trade agreement
This trade deal, inadequate is it is, may be all that is possible during the first term of a Trump administration.
Progress towards liberalized and harmonized regulatory frameworks key to unlocking full benefits of air connectivity
Montreal and Aqaba, Jordan, 6 December 2019 - At the Twelfth ICAO Air Services Negotiation Event taking place in Aqaba, Jordan this week, ICAO Council President Dr. Olumuyiwa Benard Aliu encouraged progress towards liberalized and harmonized regulatory frameworks for air transport, and highlighted the importance of air connectivity for sustainable development, particularly for the Middle East. “Besides the fact that air connectivity generates over 2.4 million jobs in this Region, and $130 billion dollars in Middle East Gross Domestic Product (GDP),
CEAC – How to stop destructive loss of ocean oxygen?
Consider; The shock of an alarming release of the report at the Climate Change conference in Madrid COPs 25 yesterday on the discovery loss of widespread ocean oxygen is another watershed moment that must be recognised as dire for our future survival.
Angus domestic abuser who said he’d rather go to jail than do unpaid work told sentencing ‘not a negotiation’
An Angus domestic abuser has been put on an electronic tag after being told by a sheriff that court sentencing “isn’t a negotiation”.
North Korea opens mountain spa, ski resort amid tourism drive
North Korean leader Kim Jong Un opened a new mountain spa and ski resort that's intended for people to enjoy 'high civilization under socialism' in another...
North Korea calls Trump 'erratic' old man over tweets
North Korea insulted U.S. President Donald Trump again on Monday, calling him a "heedless and erratic old man" after he tweeted that North Korean leader Kim Jong Un wouldn't want to abandon a special relationship between the two leaders.
Sonko is a fugitive having fled prison, state says in opposing his bail
NAIROBI, Kenya, Dec 9 - Nairobi Governor Mike Sonko’s troubled past haunted him on Monday, after the prosecution heavily relied on it to argue its case in - Kenya breaking news | Kenya news today | Capitalfm.co.ke
Watchdogs Take Aim at Big Tech's Data Dominance
Google, Alibaba and other “Big Tech” companies could be forced to share data on financial services customers with banks and financial technology firms to prevent unfair competition.
The decaying HDB lease, myth or reality?
The decaying HDB lease, myth or reality?
Costco talk continues Tuesday with Lake Stevens City Council
Last time, there was no vote on the proposed wholesale store. Now the council has another chance.
Sri Lanka shakes up intelligence agency after Easter attacks
COLOMBO, Dec 9 — Sri Lanka has for the first time named a military officer to head the country’s main intelligence agency, which was blamed for failing to prevent Islamist extremist bombings in April that killed 259 people. The head of the State Intelligence Service (SIS) was replaced by...
Anthill Ventures, Rana Daggubati launch scale up platform for startups
The startups might receive investments to the tune of $1,00,000 upfront and up to $1 m upon programme completion
Sangamo steps up BioMarin chase with haemophilia gene therapy data
Sangamo has been playing catch-up with BioMarin in the race to develop a gene therapy for haemophilia A, but new data reported at the ASH 2019 congress suggest Pfizer-partnered SB-525 could gain ground.
President Akufo-Addo attends ACP summit in Nairobi, Kenya
news, story, article
Maruti Suzuki Baleno, Ciaz, Ignis, S-Cross: Offers up to Rs 1.13 lakh in December 2019
Maruti Suzuki India is offering benefits up to Rs 1.13 lakh on Baleno, Ciaz, Ignis and S-Cross.
Indigo Paint's IPO may fetch 3.5x returns for Sequoia in partial exit
The fund-raising comes at a time when the company plans to penetrate cities and scale up investments and become a key player in the industry
Six Wounded as Four Rockets Hit Military Base Near Baghdad International Airport
Iraq has been gripped by massive demonstrations that have swept across the country since early October. The protesters are demanding the government's resignation, economic reforms, improved living standards and social welfare and an end to corruption.
Steele warned that IG report contains information previously blacked out, report says
Christopher Steele, the British ex-spy and author of the anti-Trump dossier, was reportedly told that the Justice Department will release information about him that was previously blacked out in the department’s internal watchdog report on the investigation into President Trump’s 2016 campaign due on Monday.
Donald Trump warns Kim Jong Un has ‘everything’ to lose through hostility
'North Korea, under the leadership of Kim Jong Un, has tremendous economic potential, but it must denuclearize as promised,' Trump tweeted.
Recent cut in corporate tax rate was done to boost investments: CEA
"Private investment is the driver of economic growth. Steps that we are taking, be it corporate tax rate cut, be it code on wages and industrial relations, is to try and create a more favourable environment for investment," Chief Economic Adviser KV Subramanian said at the FICCI Young Leaders Summit. He said investment is required for a sustained economic growth.
Health experts warn of emerging threat of Nipah virus
LONDON: A deadly virus called Nipah carried by bats has already caused human outbreaks across South and South East Asia and has "serious epidemic ...
EUR/USD keeps highs as Eurozone Dec Sentix Investor Confidence beats estimates with +0.7
Investor confidence in the Eurozone improved sharply in December amid looming US-China trade tensions and German recession, the latest data published
Oman vs Dubai: How does the cost of living compare?
Oman and Dubai may offer very different experiences
U.S. Confirms Lavrov To Visit Washington, Meet With Pompeo
Russian Foreign Minister Sergei Lavrov will travel to Washington to meet for talks with Secretary of State Mike Pompeo on December 10, the U.S. State Department has said in a brief statement.
UP cabinet okays Zurich Airport International plan to develop Jewar airport
The new airport will be designed, developed and operated under a 40-year concession period and the Swiss firm will invest more than Rs 4,500 crore in it
Rivers: Gov. Wike Approves Payment For 2,673 New Retirees
Rivers State Governor Nyesom Wike has approved the inclusion of 2,673 additional retirees into the monthly pension payment scheme of the state government.
Trinity College the highest entrant on FT’s business school rankings
TCD back in the rankings for first time since 2007 as IMI and UCD Smurfit School also rise
Myaree customers safe from wheel clamp threat after company's contract pulled
Customers and patrons parking outside a group of shops in Myaree won't have their wheels clamped, according to a local property and business owner.
Falana says Nigerian authorities offered Sowore ‘death warrant’ deal
The lead counsel to embattled former Nigerian presidential candidate and journalist Omoyele Sowore said that the Nigerian authorities reached out for a deal during Sowore’s first 45 days in detention. “They went to a court behind us and got an order to detain Sowore for 45 days to investigate his alleged terrorism,” Femi Falana said […]