Paul Orajiaka: The story of Nigerian businessman who started from scratch

The story of Paul Orajiaka is a good example that Nigerian youths have great entrepreneurial spirits that could turn the least sought-after into an empire.

Analytics firm Bonza gets seed funding, releases COVID-19 data

The start-up has recently released data on the nationwide COVID-19 reproduction number (Rt) on its website.

How VibePay is quietly changing the UK fintech Twitter game

A big challenge facing many UK fintechs has been how to keep their millennial (aged 24-38) and Gen Z (aged 18-24) users engaged with their banking apps.

Coronavirus accelerates shift away from cash

Pandemic encourages more businesses to move to contactless payments

Preparing Merchants For The Coming Mobile Wallet Boost

Merchants must be prepared for a new world, post-pandemic, that will embrace order-ahead and other digital/hybrid payment options. Here's how to get started.

Liquor sales to resume today

Order and sale only through Bevco mobile app

FIs Or FinTechs: Who Will Power Banking’s Big Digital Shift?

As banking continues to go digital, five experts talk about the ways financial institutions can break out and thrive by focusing on agility and partnerships.

IMF advises banks to suspend dividend repayment, share buybacks

Kristalina Georgieva, IMF managing director, said the decision is necessary to help banks reinforce their capital buffers against the shocks

Dunkin' Brands: Strong Brand At A Decent Price

Dunkin' has a strong brand that has allowed the company to grow steadily in the past. There will be uncertainty regarding customer consumption behaviour due to

The US gaming headset market is found to have hit new heights as of April 2020

A new market research report states that the gaming headset sector broke records in terms of US retail sales in April 2020. This study also found that 8 of the 10 best-selling devices in this category were from the brand Turtle Beach. Of these, its Stealth 600 has accrued the most revenue in 2020 so far.

Trevor Neilson of i(x) investments: People need to get rid of the old, silly idea that capitalism must be amoral — or immoral — to produce returns

People need to get rid of the old, silly idea that capitalism must be amoral — or immoral — to produce returns. That has never been true and yet many on Wall Street believe it. Ihad the pleasure of interviewing Trevor Neilson, Co-Founder and CEO i(x) investments. Trevor is co-founder and CEO of i(x) investments, […]

AT&T Vs. Verizon: A Comparison Of Debt

I conduct a comparison of AT&T and Verizon debt. I examined credit ratings, maturity, coupon, currency, and interest payments. After looking at all the data, it

Materials And Energy Dashboard - Update

Valuation metrics in basic materials and energy. Evolution since last month. A list of stocks looking cheap in their industries.

Nordic Semiconductor: New Cellular Products Will Accelerate Revenue Growth And Margin Expansion

Nordic Semiconductor is the undiscovered leader in short-range wireless chips, such as Bluetooth low energy. The company has developed long-range cellular chips

New app will tell you how busy a shopping centre is in South Africa

Data analytics company Lightstone and Tracker have launched the ShopSafe app which provides consumers with up-to-date information on vehicle attendance at shopping destinations they choose to go to.

Singapore fintech firm secures $17M to build out platform | ZDNet

Raking in $17 million in its latest fund raising, GoBear will be looking to build up a "full-fledged financial services platform" and tap an estimated base of 300 million in the region who remain underserved by existing market offerings.

2 Dividend Picks From A Resilient REIT Sector

These 2 industrial REITs have collected almost all their rents during April. The triple-net lease model combined with long leases make the cashflows more predic

Charles Schwab Acquires USAA’s Investment Management Assets

The Charles Schwab Corporation announced this Wednesday that it has completed the acquisition of the assets of USAA’s Investment Management Company.

Amid Covid-19 challenges for raising capital, gold M&As were a feature of Q1 2020

The mining deals decline was partially offset by a 26.4% increase in mergers and acquisitions (M&As), especially involving gold.

Honda Motorcycle’s Yadvinder Guleria to speak at FPJ-IIM Indore’s webinar on auto sector

Rhumbline Advisers Purchases 7,594 Shares of Meritage Homes Corp (NYSE:MTH)

Rhumbline Advisers lifted its position in shares of Meritage Homes Corp (NYSE:MTH) by 6.0% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 134,215 shares of the construction company’s stock after purchasing an additional 7,594 shares during the period. Rhumbline Advisers owned […]

Catch SpaceX Launch NASA Astronauts Into Space For The First Time

The first launch window is set at 4.33pm ET on Wednesday, 27 May 2020.

Here’s Why Bitcoin Could See a Bloodbath Decline to the $5,000 Region

Analysts are noting that Bitcoin's HTF outlook favors sellers, with one even noting that the crypto could soon be trading within the $5,000 region.

Berlin-based fintech scale-up smava secures €57 million in financing to maintain growth through economic downturn

Berlin-based Smava, a credit comparison platform that offers cheaper loan options to consumers, has raised €57 million from Kreos Capital, along with existing investors Earlybird, Verdane, Vitruvian Partners and Runa Capital. The round includes a mix of capital and growth debt. The fintech platform offers an overview of 70 loans between €1,000 and €120,000 from […]

Swiss National Bank Acquires 2,400 Shares of BWX Technologies Inc (NYSE:BWXT)

Swiss National Bank lifted its holdings in BWX Technologies Inc (NYSE:BWXT) by 1.3% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 184,700 shares of the technology company’s stock after purchasing an additional 2,400 shares during the period. Swiss National Bank’s holdings in BWX Technologies were […]

Five9 Inc (NASDAQ:FIVN) Shares Purchased by Swiss National Bank

Swiss National Bank boosted its holdings in Five9 Inc (NASDAQ:FIVN) by 2.1% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 118,500 shares of the software maker’s stock after acquiring an additional 2,400 shares during the quarter. Swiss National Bank owned […]

Detroit to Get Mask Factory With Investment From Bangladesh

Bangladesh’s Beximco Group will set up a plant in Detroit to make masks as demand for protective gear in the U.S., the nation with the most coronavirus cases, surges.

South Africa's SAA aims to resume domestic flights from mid-June

South Africa's SAA aims to resume domestic flights from mid-June

ANALYSIS: How a post-COVID-19 revival could kickstart Africa’s free trade area

Africa is more vulnerable to the impact of COVID-19 because it is highly dependent on imports for its medicinal and pharmaceutical products and on commodity exports.

Data Centre capacity to grow two times by 2025

Citing policy initiatives, widening customer base and increasing corporate requirements for data storage, findings of a recent study said Data Centre (DC) market will grow two times by 2025. Continue Reading →

Guy Oseary Stepping Away From Day-to-Day Role at Maverick

Guy Oseary is stepping away from his day-to-day role at his management collective Maverick to consult for Live Nation CEO Michael Rapino and further concentrate on his tech and entertainment entrepreneurial interests.

Supply side inflation easing

Via the excellent Damien Boey at Credit Suisse:

ETRADE Capital Management LLC Boosts Stake in Heico Corp (NYSE:HEI)

ETRADE Capital Management LLC boosted its holdings in Heico Corp (NYSE:HEI) by 19.2% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 4,020 shares of the aerospace company’s stock after buying an additional 647 shares during the period. ETRADE Capital Management LLC’s holdings in Heico were worth […]

Visa completes Request to Pay pilot trials

Visa has facilitated the first request to pay message sent and received using standards developed by Pay.UK.

Aigen Investment Management LP Grows Stake in Steelcase Inc. (NYSE:SCS)

Aigen Investment Management LP increased its stake in Steelcase Inc. (NYSE:SCS) by 13.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,831 shares of the business services provider’s stock after acquiring an additional 2,639 shares during the period. […]

First Hawaiian Bank to reopen 7 branches | Honolulu Star-Advertiser

First Hawaiian Bank said today that six branches on Oahu and one on Hawaii island that were temporarily closed during the shelter-in-place mandate will reopen at 8:30 a.m. Monday. Branches reopening are Ewa Beach, Haleiwa, Hawaii Kai, Kaneohe, Manoa, Waianae and Waikoloa on the Big Island.

First Hawaiian to reopen 7 branches | Honolulu Star-Advertiser

First Hawaiian Bank said Tuesday that six branches on Oahu and one on Hawaii island that were temporarily closed during the shelter-in-place mandate will reopen at 8:30 a.m. Monday. Branches reopening are Ewa Beach, Haleiwa, Hawaii Kai, Kaneohe, Manoa, Waianae and Waikoloa on the Big Island.

Occidental Petroleum - Africa Asset Sales Collapse, What's Next?

Roughly $4 billion in Occidental Petroleum's planned asset sales haven't panned out in Africa. These asset sales were supposed to pay down debt. Fortunately, cr

Consumer Confidence Inches Higher

Consumer Confidence showed a slight improvement in May, rising from 85.7 up to 86.6 but below consensus expectations for a reading of 87.0. All of the improveme

TAKE-TWO INTERACTIVE SOFTWARE, INC (NASDAQ:TTWO) Shares Sold by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. trimmed its holdings in TAKE-TWO INTERACTIVE SOFTWARE, INC (NASDAQ:TTWO) by 44.6% during the first quarter, HoldingsChannel.com reports. The firm owned 2,919 shares of the company’s stock after selling 2,346 shares during the period. Oppenheimer & Co. Inc.’s holdings in TAKE-TWO INTERACTIVE SOFTWARE were worth $346,000 as of its most recent SEC […]

Post Lockdown, Employees Allege Companies ‘Forcing To Resign’ The Job In Hyderabad

Coronavirus has hit all companies across industries with most seeing meager or zero inflow of revenue. From India’s largest business conglomerate Reliance Industries to smaller startups, there have been pay cuts and layoffs across the board. Several companies, especially startups have had to let go employees, thousands in some cases.

Is this the death knell for bank branches?

Older people and small businesses are the big users of bank branches. But bankers are waiting to see how much their behaviour has changed in the wake of the pandemic.

Bumi Resources Mineral to hold private placement to pay debt

The indebted miner is slated to sell the shares to Singapore-based management consulting firm Wexler Capital Pte.

Galiano Gold: Digging Into The Q1 Results

Galiano Gold reported its Q1 results earlier this month, reporting quarterly gold production at its Asanko Mine JV of 66,300 ounces. While all-in sustaining cos

Decoded! Taxation of employee stock options vis-à-vis start-ups

Book value instead of full market value should have been considered for taxation of ESOPs

A.O. Smith partners with FoxyMoron to enhance digital presence

The agency will be responsible for building the brand's social presence and increasing market penetration and consumer engagement

Climate Targets and Industry Participation in the Recovery

By Henrik Poulsen, Mads Nipper, and Lars Fruergaard Jørgensen  COPENHAGEN – The COVID-19 pandemic must not lead governments to lower their climate ambitions. Accelerating the transition to a low-carbon sustainable economy can both drive the recovery and build resilience for the future. Other countries could look to Denmark for inspiration on climate initiatives that will also contribute to economic recovery. The country is currently taking real action to achieve its target of reducing carbon dioxide emissions by 70% by 2030 and reaching zero net emissions by 2050. As the CEOs of Danish corporations with a global presence in renewable energy, water technology, and pharmaceuticals, respectively, we have been appointed by the Danish government to chair public-private “climate partnerships” created to pursue climate-policy goals. Our job has been to develop comprehensive roadmaps for reaching emissions-reduction targets within our respective sectors in the most cost-efficient way. Having chaired these partnerships…

'Govt announcement removing consent requirements for low risk buildings welcomed'

New Zealand business SheShed welcomes the New Zealand government’s announcement that ‘low risk buildings,’ or single story buildings of up to 30 square metres such as sleepouts, carports or sheds, will no longer need a council approved building consent.

Oppenheimer Asset Management Inc. Buys Shares of 6,823 Cimpress NV (NASDAQ:CMPR)

Oppenheimer Asset Management Inc. bought a new stake in shares of Cimpress NV (NASDAQ:CMPR) in the 1st quarter, according to the company in its most recent filing with the SEC. The fund bought 6,823 shares of the business services provider’s stock, valued at approximately $363,000. Several other institutional investors have also modified their holdings of […]

Virgin Galactic Stock Will Reach $30 Again, but the Timeline Is Cloudy

Investors should expect a slow build in SPCE stock with an eye towards an eventual doubling of the share price.

Nyali School Management Accused Of Embezzling Funds As School Runs Bankrupt

The Nyali School is now allegedly bankrupt and forcing parents to pay second term fees in full a year after buying school buses at an exaggerated prices, Kahawa Tungu can reveal.Sources in the sch

LS Group to respond to digital transformation by accelerating R&D

LS Group said Wednesday it is strengthening its digital capabilities by increasing research and development in automation, big data and artificial intelligence technologies in response to digital transformation amid the pandemic. “It will be difficult for the time being as uncertainties in achieving this year’s management goals have increased due to the pandemic, but I hope you will take an extraordinar...

US Dollar Index treading water above 99.00

The US Dollar Index (DXY), which gauges the buck vs. a bundle of its main competitors, has managed to bounce off recent lows in sub-99.00 levels and r

Advance Auto Parts: Resilient 'DIY' Market Balanced By A Weaker Growth Outlook

Advance Auto Parts reported Q1 earnings highlighted by weak sales despite most stores remaining open as an essential business through the coronavirus pandemic.

Gartner: Global Device Shipments To Slip 13.6% in 2020

Gartner has forecast a 13.6% drop in global device shipments (including tablets, mobile phones and PCs) for 2020, warning the coronavirus pandemic could have throttled the industry more had work-from-home conditions not been enforced.

Advent Partners hones in on GP software biz

The Australian buyout firm is delving back into two of its favourite sectors for its latest investment. 

Over £27 Billion Provided by CBILS, CLBILS and Bounce Back Loans

Each week, HM Treasury publishes updates on approved lending under three COVID-19 related support schemes. This week HM Treasury said £12.47 billion has been a

Urban Company adds new services in line with shift in consumer needs

Witnesses pent-up demand during lockdown 4.0

Covid-19 found in all districts, tally around 400: Uttarakhand Health Secy

The State Health Department is working with the district administrations and making out a strategy for this

QOTD: Most Common Automotive Misconceptions and Myths?

In various places on the automobile Internets, one will often see the same misconceptions and myths repeated over and over, presented as strong opinion or perhaps even disguised as fact. There are an awful lot of car fans who are dead wrong about a lot of things on the Internet. Let's talk about it.

RBNZ says the banks have $40 billion of loans on commercial property with $5 billion of that in development projects

RBNZ says the banks have $40 billion of loans on commercial property with $5 billion of that in development projects

Bitcoin Daily: Australia’s RMIT To Offer Grad Certificates In Blockchain Business, Cybersecurity

RMIT Online unveiled postgraduate programs in blockchain and cybersecurity, as predictions indicate Australia will need 18,000 more of these workers by 2026.

tribeOS is First to use GSX Group’s GRID Platform to Create a Digital Security

The GSX Group recently announced the launch of "GRID" -  platform to create and launch digital securities. GSX is the company that operates the Gibraltar Sto

Pound Sterling Price News and Forecast: GBP/USD bulls paused near 50% Fibo

Flying further up with free-roaming fish? While Brits are closely following the latest developments around Dominic Cummings – the special adviser at D

GBP/USD Price Analysis: Finds some support near 38.2% Fibo./descending channel confluence region

The GBP/USD pair stalled its overnight strong bullish momentum near the 50% Fibonacci level of the 1.2644-1.2076 recent downfall and witnessed a modes

Sugar Inquiry Commission didn't highlight NPMC's role in failing to control prices

The commission only held the Sugar Advisory Board responsible for taking any action

Swiss National Bank Grows Position in Spirit AeroSystems Holdings, Inc. (NYSE:SPR)

Swiss National Bank lifted its holdings in shares of Spirit AeroSystems Holdings, Inc. (NYSE:SPR) by 23.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 401,831 shares of the aerospace company’s stock after buying an additional 75,600 shares during the period. Swiss […]

Google Provides $1,000 USD Allowance to Employees Working From Home

To put towards computers and office furniture.

Outlook worsens and financial aid is not the only investment governments should make to help travel and tourism

The business outlook of travel and tourism companies continues to worsen, according to findings of WYSE Travel Confederation’s third COVID-19 Travel Business Impact Survey. For the second quarter of this year, the average expected change in demand relative to the same period last year is -76%. For 2020 as a whole, respondents expect to see, on an average, a 70% decrease in demand. In this May edition of this survey series we take a look at the actions that respondents would

Playing Chicken With An Aeroplane

Of the three companies, LATAM, who just filed for chapter 11, is the only one with enough cash to cover their expenses for this year. The debt to asset ratios d

Chen Amit of Tipalti: “To develop resilience look for ways to learn from difficult experiences”

Look for ways to learn from difficult experiences. When you face a challenge in your career or personal life, instead of shutting down or becoming defensive, look at the situation as a positive experience that will help you learn and grow. In this interview series, we are exploring the subject of resilience among successful business leaders. […]

Zurcher Kantonalbank Zurich Cantonalbank Purchases 1,434 Shares of Brighthouse Financial Inc (NASDAQ:BHF)

Zurcher Kantonalbank Zurich Cantonalbank lifted its position in Brighthouse Financial Inc (NASDAQ:BHF) by 18.1% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 9,348 shares of the company’s stock after purchasing an additional 1,434 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Brighthouse Financial were worth […]

Renault-Nissan announce plan to deepen cooperation to ensure group's survival

TOKYO (Reuters) - Renault SA, Nissan Motor Co and Mitsubishi Motors Corp on Wednesday announced details of a new strategy plan pledging to deepen cooperation in developing and producing cars to survive as an automaking group.

Technicolor abandons plan for EUR 300 mln rights issue, seeks new EUR 400 mln financing

Technicolor said that it has been unable to go ahead with its previously announced EUR 300 million rights issue, due to the unprecedented crisis caused by the Covid-19 pandemic. It has instead entered talks with some of its creditors and with third-party investors to obtain a new EUR 400 million financing, indicating that so far it has received indicative offers from one investor and from one of its existing lenders.

$400-M ADB loan to fund PH capital market dev’t

The Asian Development Bank has approved a $400-million policy-based loan to support the  government’s efforts to strengthen domestic capital markets and reach its development goals of high, sustained economic growth, and poverty reduction.

Black Girl Sunscreen Secures $1 Million From Female Investor Amid COVID-19

This month, Black Girl Sunscreen (BGS) secured a $1 million dollar investment from a private female funding source.

Favourable Mix And Input Deflation Bolster Michelin Until An Aftermarket Recovery

Automotive is a rough industry in the COVID-19 environment due to its cyclical nature and ability for customers to defer auto purchases. However, tire sales mig

PNC Financial Services Group Inc. Boosts Position in Lincoln Electric Holdings, Inc. (NASDAQ:LECO)

PNC Financial Services Group Inc. increased its position in Lincoln Electric Holdings, Inc. (NASDAQ:LECO) by 10.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 26,951 shares of the industrial products company’s stock after purchasing an additional 2,610 shares during […]

Air France agrees to cut many domestic flights

The CEO of Air France-KLM has announced substantial changes to the domestic network of Air France…

Etsy Inc (NASDAQ:ETSY) Shares Sold by Swiss National Bank

Swiss National Bank lessened its holdings in Etsy Inc (NASDAQ:ETSY) by 0.3% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 229,800 shares of the specialty retailer’s stock after selling 800 shares during the period. Swiss National Bank’s holdings in Etsy were worth $8,834,000 as of its most recent filing with the Securities […]

AUD/USD trades with modest losses, just below mid-0.6600s

The AUD/USD pair edged lower on Wednesday and retreated further below mid-0.6600s, eroding a part of the previous day's strong positive move to 2-1/2-

African, global philanthropists team up to manufacture Covid-19 medical equipment in Africa

AFRICAN and global philanthropists have teamed up to help African nations secure urgently needed ventilators, breathing support devices and other medical equipment, in the battle against the Covid-19 pandemic. Prominent Zimbabwean business man, Mr Strive Masiyiwa, also co-founder of Higherlife Foundation, who has recently been appointed as an African Union Special Envoy to mobilise the private sector response to Covid-19, is leading a private partnership to start local manufacturing of the equipment. Working with fellow philanthropists such as Sir Richard Branson and Jeff Skoll, the group has identified two solutions, which will be manufactured in South Africa.  In a media statement, the group said the initiative will start with the production of 1,000 bridge ventilators, a design that was provided to this partnership for free by Virgin Orbit and has recently received emergency use authorisation by the US Food and Drug Administration (FDA). The model is designed with a price significantly lower than a normal…

Lowy family-backed fund pays $40m for Melbourne homemaker centre

The buyer of the City West Plaza is Assembly Funds Management which last year received a $75 million injection from the Lowy Family Group.

Used cars: Leasing companies will have to ‘work harder’

Hitachi Capital Vehicle Solutions says the industry will have to ‘knuckle down’ if values are to be achieved in a post-pandemic used car market.

Management One Taps Michael Alic for President Role

Alic formerly served in various leadership roles, and is known for managing MAGIC and Coterie.

Edgy Surry Hills offices hit the market

Developer Cornerstone is looking to sell the assets – at 10-14 Waterloo Street and No. 1 Lacey at 119 Kippax Street – in one line or separately, as it looks for new redevelopment and adaptive re-use projects.

Staffing giants join forces to decode COVID-19 puzzle

Give a clarion call: ‘Help India Get Back to Work Safely’

All Nippon Airways delays delivery of final Airbus A380

The final Airbus A380 would have joined ANA’s two other A380s which were flown on its Tokyo to Honolulu route

Working from home will kill CBDs. And that’s a good thing

Robert Gottliebsen has warned that the shift to working from home (WFH) could suck the life out of Australia’s CBDs.

Covid-19 highlights importance of agri storage

Promoting storage capacity of food grains at the Gram-Panchayat level will go a long way in making villages and farmers self-reliant

Meet Aaron Wallace And Lina Gadi: Entrepreneurs Creating Inclusive Haircare Products For Black Men

How two young entrepreneurs went about creating premium haircare products for black men.

Hyderabad-based firm develops Favipiravir bulk drug

Hyderabad-based Raghava Life Sciences (RLS) said it has developed Favipiravir bulk drug (active pharmaceutical ingredient).

First Trust Advisors LP Trims Stake in Westlake Chemical Co. (NYSE:WLK)

First Trust Advisors LP trimmed its holdings in shares of Westlake Chemical Co. (NYSE:WLK) by 29.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 84,430 shares of the specialty chemicals company’s stock after selling 34,448 shares during the quarter. First […]

Sony/ATV Promotes Peter Brodsky to General Counsel, EVP Business Affairs

Sony/ATV Music Publishing has promoted Peter Brodsky to general counsel to compliment his longtime role as executive vp, business affairs at the Sony Music company.

NZD/USD trades at fresh multi-month highs above 0.6200

The NZD/USD pair gained nearly 100 pips on Tuesday boosted by the risk rally and the selling pressure surrounding the greenback. The pair stretched hi

Milestone In Cash Flow Support To SMEs

A billion dollar milestone is about to be passed as government cash flow support rolls out to small businesses through interest-free loans.

B2B credit network Fundbox secures fresh investment from MUFG

US B2B payment and credit network Fundbox has secured a fresh equity investment from MUFG Innovation Partners, the corporate capital arm of the giant Japanese bank.

Infineon raises €1bn

Infineon has sold 55 million new shares at €19.30 a share to raise €1.06 billion.

Winding down of Saldanha Steel plant to be complete by end of June

Despite numerous efforts to save the steel plant, ArcelorMittal South Africa CEO Kobus Verster said that reopening the facility in the medium term was highly unlikey.

Alibaba Won't Be Delisted (I Think)

The Senate passed bill S.945, which is generally marked as the bill that will delist Chinese companies. If the company doesn't comply for three years in a row,

AT&T Won't Stop Lying About 'Fake 5G'

Big wireless carriers haven't been exactly honest when it comes to the looming fifth-generation wireless standard (5G). Eager to...

ATO flags regional office closure

The Australian Taxation Office has begun consultations on plans to shut down its Geelong office.

Celine Set to Open on London’s Luxury Hotspot: New Bond Street

LVMH Moët Hennessy Louis Vuitton is set to move Celine to New Bond Street next year while the Mount Street unit will remain open.

SPS Commerce, Inc. (NASDAQ:SPSC) Shares Sold by Zurcher Kantonalbank Zurich Cantonalbank

Zurcher Kantonalbank Zurich Cantonalbank trimmed its position in shares of SPS Commerce, Inc. (NASDAQ:SPSC) by 15.5% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,050 shares of the software maker’s stock after selling 927 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings […]

Singapore: GDP could contract 4%-7% this year – UOB

Singapore’s economic activity carries the potential to contract between 4% and 7% this year as a consequence of the impact of the coronavirus crisis o

South Africa begins diesel rationing

South Africa has implemented diesel rationing, as demand recovered more quickly than expected after a lockdown to control the spread of coronavirus was eased.

PharmEasy, Amazon Pay form tie-up for contactless payments

Online medicine and healthcare ordering app PharmEasy has collaborated with Amazon India to enable digital payments using the ‘Amazon Pay wallet’, as per the companies’ joint release.According to Phar

Gartner cancels annual South African IT conference for 2020

Analyst firm Gartner has cancelled the South African leg of its IT Symposium/Xpo event, which was due to take place in Cape Town in October, due to the Covid-19 pandemic.

Profitably Scaling Regional Cannabis (Podcast)

What does it take to scale U.S. regional cannabis brands and do so profitably? We talk to Aviv Hadar from Oregrown and Eric Ross and Ed Weidenfeld of District C

Agenus 1181 Is A Potential Cancer Game Changer

Agenus AGEN1181 may work better than Yervoy. More data is expected Friday, May 29, at ASCO. iNKT cell therapy also looks promising.

German Company Combines Wind, Wave, & Solar Power In One System

Go big or go home. That seems to be the motto of SINN Power of Germany. Founded in 2014 by Phillip Sinn, the company's primary focus is

MOFFETT reopens production in Dundalk after Covid-19 closure

Business

Watch SpaceX Launch People To Space For the First Time Live [Updated]

SpaceX is set to mark a huge milestone in its own company history, with a first-ever crewed spaceflight set to take off from Cape Canaveral in Florida later today. From a report: The mission is Commercial Crew Demo-2, the culmination of its Crew Dragon human spacecraft development program, which wil...

10 REITs One Year Later - Part 1

It's been a year since I wrote a series of articles about the ten REITs with A or A- S&P credit ratings. Earlier in 2020, I added two REITs from this group of t

PNC Financial Services Group Inc. Increases Holdings in Verisign, Inc. (NASDAQ:VRSN)

PNC Financial Services Group Inc. lifted its position in shares of Verisign, Inc. (NASDAQ:VRSN) by 9.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,095 shares of the information services provider’s stock after acquiring an additional 906 shares during the quarter. PNC […]

Central Bank of Russia Cancels Banking Licence of Morgan Stanley

The Central Bank of the Russian Federation has issued an order this Wednesday revoking the banking licence of Morgan Stanley Bank LLC, effective today.

Morrison is chasing votes at the expense of exports

We are a proud middle power. But it does us no good to bash our Chinese customer for political advantage.

60% Women Feel Schools Lack Adequate Menstrual Hygiene Facilities: Survey

Schools in India must develop better awareness and infrastructure for periods, shows 5th Annual Everteen Menstrual Hygiene Survey

Millions gone in Delta market fires - The Nation Nigeria

No fewer than 300 shops were on Tuesday razed in Asaba, the Delta State capital. Gone with shops were articles valued at millions

When Is A Capital Gain Capital Consumption

There is an important difference between when the price of an asset rises due to an increase in value vs when it rises due to a drop in the interest rate. The d

'PPE Access' working to distribute PPE to frontline workers, private businesses in the region

The not-for-profit organization hopes to be operational by June

Unlocking the value of values with AI

In an era of purpose-driven consumption, values like transparency, trust and humanness are key drivers that unlock value in AI.

LAIX, Inc. (LAIX) CEO Yi Wang on Q1 2020 Results - Earnings Call Transcript

LAIX, Inc. (NYSE:LAIX) Q1 2020 Earnings Conference Call May 26, 2020, 21:00 ET Company Participants Chuhan Wang - Head, IR Yi Wang - Chairman & CEO Bing Sun

Canadian data start-up Cinchy lands $10m Series A

Cinchy, a Canadian start-up helping banks avoid the security risk of replicating data, has landed $10 million in a Series A round.

Cambridge Investment Research Advisors Inc. Raises Stake in CenterPoint Energy, Inc. (NYSE:CNP)

Cambridge Investment Research Advisors Inc. lifted its stake in CenterPoint Energy, Inc. (NYSE:CNP) by 65.3% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 90,480 shares of the utilities provider’s stock after buying an additional 35,740 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in […]

Satoshi Nakaboto: ‘S&P 500 outperformed Bitcoin over the past year’

Our robot colleague Satoshi Nakaboto writes about Bitcoin every fucking day. Welcome to another edition of Bitcoin Today, where I, Satoshi Nakaboto, tell you what’s been going on with Bitcoin in the past 24 hours. As Aristotle used to say: Let’s get it! Bitcoin price We closed the day, May 26 2020, at a price […]

Economic recovery following Covid-19 may be more sluggish than initially predicted

27 May The global economy is expected to face a prolonged downturn due to the Covid-19 pandemic. Many have predicted...Read More...

The “Yeah, Sure” Theory Of Business Success: Entrepreneurship After COVID.

We can emerge from the Coronavirus economic bust stronger than ever if we follow the lead of those who entered the current economy with eyes wide open.

Server PCB makers see bright shipment prospects for 3Q20

Server PCB specialists Tripod Technology, Gold Circuit Electronics (GCE) and Allied Circuit have seen clear order visibility through the end of July and are optimistic that their shipments for servers and networking equipment will remain robust throughout the third quarter, according to industry sources.

JP Morgan's chief economist optimistic about Taiwan's growth

Global investment bank forecasts Taiwan will have better financial rebound than most of world

Drug wars: how AstraZeneca overtook GSK in UK pharma

With new cancer drugs and a vaccines partnership with Oxford university, AZ’s turnround has boosted the industry in Britain

Mackay Shields LLC Takes $956,000 Position in Turning Point Therapeutics (NASDAQ:TPTX)

Mackay Shields LLC purchased a new stake in Turning Point Therapeutics (NASDAQ:TPTX) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 21,400 shares of the company’s stock, valued at approximately $956,000. Other large investors have also recently added to or […]

Unibank completes processing stage of TranzAxis migration

Azerbaijan-based Unibank has connected its in-house processing directly to Mastercard, a step towards its full migration to Compass Plus’s open payments platform TranzAxis.

Analysts: On-chain Data shows Ethereum is “Undervalued”

Ethereum’s having an envious year. The blockchain for all blockchains is seeing advancements in DeFi, institutional investments, and even government interest. With such massive potential, analysts say the protocol is vastly undervalued – especially if on-chain data is considered. 

Hong Kong’s HKT Financial Services, the Fintech Arm of HKT Group, Introduces Digital Financing Platform

Hong Kong-based HKT Financial Services, the Fintech division of the HKT Group, has launched another Fintech project, HKT Flexi, a digital or online financing platform that allows users to make payments via the HKT Flexi App. HKT Financial Services offers mobile payments, merchant services, O2O solutions, insurance packages under the Tap & Go, HKT Merchant Services and HKT Care. HKT Financial Services is a key part of HKT Group’s digital ecosystem, which provides an integrated

BTP Appoints Paul Forrest as Inaugral Non-Exec Chairman

Blockchain Technology Partners (BTP) announced this Wednesday that it has appointed Paul Forrest as its inaugural non-executive chairman.

Singrobo hydropower project to deliver electricity under a 35-year PPA

Power company Themis Group announced it has issued a Full Notice to Proceed with construction of the 44MW Singrobo Hydropower Project, in Ivory Coast.

Mt. Everest to be remeasured

The ascent, reported by Chinese state media, comes after both China and Nepal canceled the spring climbing season on the mountain

Rich Listers gush manufacturing nonsense

There is nothing more amusing than miners and realtors governing a manufacturing revival. At the AFR of course:

Amsterdam’s Otrium snags €24 million to expand fashion marketplace that sells excess inventory

Amsterdam-based Otrium, an online fashion marketplace that aims to move unsold clothing at the end of the season, has raised €24 million in Series B funding to fuel further international expansion. The round was led by Eight Roads Ventures, with existing investors Index Ventures and Hans Veldhuizen participating as well.  The e-commerce platform allows brands […]

UBS: Consumers ready to spend, borrow

Via the excellent George Tharenou:

1,927 Shares in Liberty Broadband Corp Series C (NASDAQ:LBRDK) Acquired by Aigen Investment Management LP

Aigen Investment Management LP purchased a new position in Liberty Broadband Corp Series C (NASDAQ:LBRDK) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,927 shares of the company’s stock, valued at approximately $213,000. Several other institutional investors also recently […]

West Midlands has big fintech opportunity

The West Midlands has the potential to become a major UK fintech hub if it takes an integrated approach to maximising its advantages, according to a report.

Financial planning ― How an entrepreneur can provide for her various objectives

Creating an optimum emergency reserve, goal-based investing, and adequate insurance cover are important

Samsung now bringing thousands of consumer electronics retailers online

Samsung partnered with India's payments and installments platform Benow earlier this month to bring 20,000 smartphone retailers online, and now, the company is expanding its Benow partnership to give

PNC Financial Services Group Inc. Has $2.22 Million Stock Position in iShares MSCI Eurozone ETF (BATS:EZU)

PNC Financial Services Group Inc. decreased its stake in iShares MSCI Eurozone ETF (BATS:EZU) by 21.2% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 72,893 shares of the company’s stock after selling 19,604 shares during the quarter. PNC Financial Services Group Inc.’s holdings in […]

Israeli startup D-ID Raises $13.5 Million as Part of Series A

D-ID, an Israeli tech startup, has raised over $13.5 million in a Series A funding round that reportedly closed last month. The funding was led by AXA Venture P

Warren Buffett June Update: 46 Equities Show 10 To Buy And Hold Now

This Buffett list from Dogs of The Dow first appeared 5/20/20 online. YCharts also tracks this Buffett/Berkshire Batch. Here is your update as of 5/22/20. 30 of

Cybersecurity firm K7 computing revamps its strategy to increase market share

Chennai-based K7 Computing Pvt Ltd., a cybersecurity company, has unveiled a revamped go-to-market strategy to expand its consumer market presence by aligning its sales and marketing plans with the ch

US Conference Board Consumer Confidence: Dollar risk premium subsides as market panic fades

Confidence edged higher in May after six-year low in second sign of consumer stability while New Home Sales ticked higher April, belying predictions f

Future-Proof Your KYB, KYC And Risk In One API

Data aggregation with automation has been the next big milestone the risk industry has been trying to reach.

Is Airbnb’s slump a golden opportunity for rental?

In a post-pandemic world, will tenants once again find themselves on the firing line, facing eviction or enticements to vacate?

Big Hit Entertainment prepares to go public this year

Big Hit Entertainment's new headquartersBig Hit Entertainment is allegedly submitted a pre-initial public offering consultation to Korea Exchange on M…

Marlet secures €33m from AIB for south Dublin build-to-rent scheme

State-backed lender supports delivery of 142 units in Dundrum in midst of Covid-19 crisis

SMBs Can Apply for Full Paycheck Protection Program (PPP) Loan Forgiveness

Small businesses can now apply for a full paycheck protection program (PPP) with loan forgiveness. To qualify organizations must show 75 percent of their loans were used on payroll and the other 25 percent was spent on expenses like rent or utilities.

Hawaiian Electric Industries, Inc. (NYSE:HE) Holdings Boosted by Swiss National Bank

Swiss National Bank boosted its holdings in Hawaiian Electric Industries, Inc. (NYSE:HE) by 1.2% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 211,300 shares of the utilities provider’s stock after acquiring an additional 2,600 shares during the period. Swiss National Bank owned […]

Unacademy to Conduct Free Scholarship Test

India's Biggest Scholarship Test for IIT JEE, NEET UG and Foundation – curated for 9th to 12th standard students

Wyndham welcomes 11 new-build US properties in first quarter

Over 25 new-build hotels were also signed over the same period, and another ten began construction…

Weak Apparel Makers To Avoid

Recessions are typically hard on apparel makers, with inventory adjustments and falling sales. The COVID-19 economic shutdown and physical retail disruption in

JK Cement (₹234.4): Buy

Investors with a short-term view can buy the stock of JK Cement at current levels.The stock took support ₹180 in early April this year and changed direction triggered by positive divergence on the dai

Iceland cuts food waste 23% in two years as it commits to a 50% cut by 2030

A year after the Department for Environment, Food and Rural Affairs in the UK called on businesses to ‘step up to the plate’ and drive forward plans to cut food waste, the supermarket Iceland has announced food waste reductions of almost 2,500 tonnes, a decrease of 23.2% over the last two years, in its first public food waste report.

Outdoor spaces and improved transport options - how a new east Manchester arena could lead on sustainability as well as boosting the economy

OVG aim to make the proposed new east Manchester arena the most sustainable in the UK

Are new car sales about to boom?

According to Robert Gottliebsen, new car sales may be about to boom:

SandRidge Energy: Steep Production Declines In 2020 As It Attempts To Manage Its Debt

SandRidge is at risk of seeing its production shrink considerably during 2020. It is shutting in wells (some permanently) as well as spending minimal capex duri

Holcim restarts Luzon, Davao operations

Leading cement manufacturer Holcim Philippines, Inc. has restarted manufacturing and logistics operations with stronger health and safety controls in all its sites nationwide after pausing cement production in compliance with government quarantine measures against coronavirus disease 2019.

KKR to invest USD 1 bln in European venture for hyperscale data centres

The investment firm KKR has partnered with entrepreneur Franek Sodzawiczny to launch a data centre company in Europe. The new venture Global Technical Realty (GTR) will provide build-to-suit data centres for large technology companies in Europe. 

FSMA: Belgians Traded 5 Times More BEL 20 Shares amid COVID-19

According to the Financial Services and Markets Authority (FSMA), a Belgian regulator, investors traded BEL 20 shares up to five times more.

AT&T: Do Not Let The Yield Fool You

While the dividend yield is tempting, be cautious and do not let it fool you. Huge debt load means shareholder returns are limited. I give T a true value of $40

CBI books rice mill, three directors in ₹100 crore cheating case

The directors of the rice mill allegedly obtained credit facilities from the SBI’s commercial branch in Haryana’s Karnal by misrepresentation of facts, says a CBI spokesperson

S&P 500: Fully valued on some measures – UBS

Global equities have recovered swiftly from the COVID-19 pandemic with the S&P 500 climbing above 3000 points for the time since late February. The ra

Connect First Credit Union appoints former ATB exec as new COO

Canada’s Connect First Credit Union has announced the appointment of Wellington Holbrook as its chief operating officer.

GBP/USD refreshes session lows, retreats nearly 100 pips from daily swing high

The GBP/USD pair retreated nearly 100 pips from the daily swing high and refreshed session lows, around mid-1.2100s in the last hour. The emergence of

Pinterest (NYSE:PINS) CFO Todd R. Morgenfeld Sells 36,233 Shares

Pinterest (NYSE:PINS) CFO Todd R. Morgenfeld sold 36,233 shares of the stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $18.59, for a total transaction of $673,571.47. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. PINS […]

LivePerson Stock Is Ready To Go 'Live'

LivePerson has been undervalued due to lower-than-expected growth and lack of profitability. It is beginning to turn the ship around and become profitable and h

Navient Corp (NASDAQ:NAVI) Shares Sold by Aigen Investment Management LP

Aigen Investment Management LP trimmed its position in Navient Corp (NASDAQ:NAVI) by 57.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 28,722 shares of the credit services provider’s stock after selling 38,583 shares during the quarter. Aigen Investment Management LP’s holdings in Navient […]

Renault's Senard says it does not need to merge with Nissan

PARIS (Reuters) - Renault (RENA.PA) Chairman Jean-Dominique Senard said on Wednesday that there was no need for a merger with its partners Nissan (7201.T) and Mitsubishi (7211.T).

South William Street mixed-use investment seeks €2.6m

Sale of Dublin 2 restaurant and residential premises will test strength of market

Tamil Nadu signs MoUs worth over Rs 15,000 crore to generate 47,000 jobs

The proposed investment will be towards company's proposed brownfield expansion at company's Oragadam facility near Chennai

FCA launches 'Jeep for All' initiative

FCA India has announced lucrative deals and financial schemes under the ‘Jeep for All’ initiative.

Fraport AGM 2020: Shareholders approve all agenda items

At Fraport AG’s first virtual-only Annual General Meeting (AGM), shareholders approved all agenda items. Shareholders ratified the actions of the company’s executive and supervisory boards for fiscal year 2019, by 99.94 percent and 98.19 percent respectively. Furthermore, 99.98 percent of the shareholders approved the proposal to suspend the dividend for fiscal year 2019. The entire profit earmarked for distribution will instead flow into the revenue reserve. 94.24 percent of the shareholders also agreed to the resolution for implementing a new

ETRADE Capital Management LLC Sells 8,844 Shares of Koninklijke Philips NV (NYSE:PHG)

ETRADE Capital Management LLC lowered its position in shares of Koninklijke Philips NV (NYSE:PHG) by 54.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,426 shares of the technology company’s stock after selling 8,844 shares during the period. ETRADE […]

San Francisco neobank Aspiration raises $135m in Series C round

San Francisco-based fintech firm Aspiration has raised $135 million in a Series C funding round led by investors Alpha Edison.

SANTELESAMISOK Launches New Entertainment Company, Paving the Way for Independent Artists

SINGAPORE, May 27, 2020 /PRNewswire/ -- Known as "SANTELESAMISOK", Ariffin Tahir is a force in the world of marketing and PR. After being motivate...

DRDGold Remains Undervalued Despite Stellar Performance

DRDGold is one of the top-performing gold mining stocks over the past year due to successful exploration efforts and Sibanye's acquisition. Using P&P reserves,

Otrium is Trying to Solve Fashion’s Inventory Problem

The online designer outlet is looking to fuel international expansion with this round, led by Eight Road Ventures.

Oppenheimer Asset Management Inc. Raises Position in Amdocs Limited (NASDAQ:DOX)

Oppenheimer Asset Management Inc. boosted its stake in Amdocs Limited (NASDAQ:DOX) by 40.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,343 shares of the technology company’s stock after buying an additional 2,680 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings […]

University Of Nevada, Las Vegas Business School Answers The Humanitarian Call

In light of the tragedy of the coronavirus, humanitarians like Andre Carrier and Greg Lee, and the Lee family foundation, are bold enough to look for a way to end the pandemic.

Building An Adaptive Retail Enterprise For Day 2

Many experts and business leaders believe that this chapter will accelerate the pace of digital transformation, align business and technology behind common strategic objectives, and determine the winning and losing consumer brands of our time.

Tencent, CCB Labuan to jointly foster digitalisation of enterprises in Malaysia

LABUAN, May 27 — Tencent, a leading provider of Internet value-added services in China, will explore cooperation opportunities with China Construction Bank Corporation Labuan Branch (CCB Labuan) following the signing of a memorandum of understanding (MoU) today. The MoU, inked via Tencent VooV...

More Unified Approach to Public Procurement Needed to Boost Kazakhstan’s Economic Recovery

Kazakhstan has made significant efforts over the past two decades to bring its public procurement system closer to international standards, but a considerable part of procurement activity has yet to meet these standards, thereby limiting overall effectiveness and efficiency, says a World Bank Assessment. “We acknowledge that the rules and institutions of Kazakhstan’s public procurement […]

Alibaba Records Only 9% Lower Profit Than Amazon But Trails By 4x In Revenue

Data gathered by Learnbonds.com shows that Chinese internet company Alibaba registered 9.3% lower profits compared to United States’ Amazon. The data further shows that there is a significant gap in revenues between the two companies by at least four times for the financial year ending March 31, 2020.

ETRADE Capital Management LLC Increases Stake in Proto Labs Inc (NYSE:PRLB)

ETRADE Capital Management LLC grew its position in Proto Labs Inc (NYSE:PRLB) by 20.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,066 shares of the industrial products company’s stock after acquiring an additional 686 shares during the quarter. ETRADE Capital […]

Amazon offers free health cover upto ₹50,000 for its sellers

Amazon on Wednesday said it would provide a COVID-19 health insurance, completely free of cost, for its sellers in India. The insurance will cover the expenses related to COVID-19 hospitalisation and

Intuitive Surgical: The Growth Leader In Surgical Robotics

Intuitive Surgical is the global leader in surgical robotics. The company has produced outstanding growth rates in both revenue and cash flow over the years. In

Vertex Energy's Transformation Continues

Vertex Energy began migrating its end-products toward higher-margin markets in 2018 - higher-purity base oils and IMO 2020-compliant marine fuel. The company re

Farmers Market Calendar: May 2020 | Honolulu Star-Advertiser

Many of Oahu’s farmers markets have closed due to the coronavirus pandemic, but some remain open, with restrictions in place to provide social distancing to protect vendors and shoppers. The situation is subject to change without notice. This list covers what’s open and what’s closed as of Tuesday. For the latest information on a specific market, call or check the websites listed. If you run a market, send updated information to Joleen Oshiro, joshiro@staradvertiser.com.

Micron: Big Bets Are Being Placed

Institutional investors collectively bought about 3.5% (net buying) of Micron's total shares outstanding in the last 13F cycle. Moreover, 11 of Micron's 15 larg

Walmart partners with thredUP to offer new and pre-owned clothing

Shoppers can now purchase thredUP's secondhand wares through Walmart.com.

Lacoste Appoints Robert Aldrich as North American CEO, Pedro Zannoni as Latin American CEO

Pedro Zannoni has been tapped as Latin America region ceo.

ETRADE Capital Management LLC Acquires 12,515 Shares of ON Semiconductor Corp (NASDAQ:ON)

ETRADE Capital Management LLC lifted its position in ON Semiconductor Corp (NASDAQ:ON) by 109.4% in the first quarter, HoldingsChannel.com reports. The firm owned 23,957 shares of the semiconductor company’s stock after acquiring an additional 12,515 shares during the period. ETRADE Capital Management LLC’s holdings in ON Semiconductor were worth $298,000 as of its most recent […]

New report raises wheat deficit fears

More than one-quarter of British wheat crops are in a very poor condition, according to the latest crop condition report from agricultural consultancy Adas.

ETRADE Capital Management LLC Sells 5,276 Shares of Juniper Networks, Inc. (NYSE:JNPR)

ETRADE Capital Management LLC reduced its stake in shares of Juniper Networks, Inc. (NYSE:JNPR) by 24.5% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 16,284 shares of the network equipment provider’s stock after selling 5,276 shares during the period. ETRADE Capital Management LLC’s holdings […]

Regional mining equipment, technology, service companies targeted with innovation accelerator program

"When those mines in Victoria expand, it means they can get in there getting those business opportunities."

Gold slips below $1700 mark, over 2-week low

Gold dropped to fresh two-week lows in the last hour, with bears now looking to extend the downward trajectory further below the $1700 mark. A combina

Smart Stamp Software Developer 12CM Partners South Korea’s Largest Search Engine Provider, Naver, to Launch Cloud-Powered Fintech Platform

12CM (pronounced One-two-cee-em), the “smart” stamp software platform provider and a member company of the Born2Global Center, has partnered with Naver Busi

A gateway to transport and energy research: The Innovation and Networks Executive Agency

D Beckers, Director, Innovation and Networks Executive Agency, charts the important work of the organisation in supporting transport and energy research

Digital Asset Derivatives Trading Platform, Delta Exchange, Acquires Strategic Investment from New York’s CoinFund

Delta Exchange, an established cryptocurrency derivatives exchange that maintains offices in Singapore, has received funding from New York-headquartered blockch

How Your Kid’s (Or Kids’) School Can Go Solar

With solar being a popular choice for those looking to save on their energy costs, it's no surprise that schools are taking advantage of it as well. Furthermore, many more schools could save money by going solar. [caption id=

USD/JPY on the defensive around mid-107.00s, below 50-DMA

The USD/JPY pair extended its sideways consolidative price action on Wednesday and remained confined in a narrow trading band around mid-107.00s. The

ETRADE Capital Management LLC Reduces Stock Holdings in Floor & Decor Holdings Inc (NYSE:FND)

ETRADE Capital Management LLC reduced its stake in shares of Floor & Decor Holdings Inc (NYSE:FND) by 29.3% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 9,705 shares of the company’s stock after selling 4,017 shares during the quarter. ETRADE Capital Management LLC’s […]

ULikeKorea introduces COVID-19 body patch monitoring system

South Korean ICT company specializing in smart livestock health management uLikeKorea said Wednesday it has successfully developed a COVID-19 body patch system that can monitor symptoms, activity level and location related to the virus in real-time. According to uLikeKorea, the system was made with non-toxic and environmentally friendly materials that can be attached to the chest. It can detect temperature, pulse, a...

Enterprise Products Partners - A +9% Yield From A Best In Breed Midstream

Enterprise Products Partners has a massive amount of liquidity, enough to cover 2 years of the company’s distributions. The company is focused on reducing capit

Tribeca Film Institute to Suspend Operations, Enact Layoffs

The Tribeca Film Institute has paused its operations and has been hit with a small round of layoffs due to the coronavirus pandemic.

EUR/USD Volatility May Fall, Yet Bearish Trend Remains Intact

Markets are now rallying as global risk sentiment improves. Liquidity remains high, while interest rates have been cut across the world (in response to the rece

Amsterdam-based henQ announces new €70 million fund for B2B software startups

Amsterdam-based venture capital firm henQ has launched its fourth fund, henQ 4, with a first close of €70 million. The Dutch VC typically leads pre-seed to Series A rounds in B2B software companies across Europe. In fact many of the firm’s LPs are fellow B2B software entrepreneurs, contributing about half of the new fund. In […]

PhosAgro: Resilient In Any Environment

PhosAgro published Q1 production and financial results recently. In the meantime, the stock has suffered a short-term drawdown but now trades at pre-corona leve

Enagás: COVID-Resistant Regulated Utility But Spanish Exposure Is Sub-Optimal

Enagás is a regulated Spanish utility for transmission of gas and gas storage. It has several interesting investments in affiliates, diversifying its income acr

In pics | Economic impact of coronavirus pandemic in India as per CRISIL

Highlighting the grave economic impact of COVID-19, Crisil has said India is staring at its worst recession since Independence. Here are its impact on key indicators

Hyundai Capital America goes live with Sopra’s Cassiopae

Hyundai Capital America (HCA), the captive finance arm of Hyundai Motor Company, has gone live on Sopra Banking Software’s Cassiopae system.

First Majestic Silver Is A Great Bet On Higher Silver Prices

If silver prices rise, First Majestic is well-positioned among major silver producers to see strong share performance. First Majestic has been improving operati

Winter vegetable markets to reopen today with new timings

Winter vegetable markets will reopen today after three-day Eid Al Fitr break with new timings, offering a number of farm fresh local vegetables at competitive prices.

Manned SpaceX mission called off minutes before lift-off

Nasa and SpaceX are preparing for the first manned launch to take off from American soil since 2011. Watch the livestream here.

Mercedes-Benz boss has ‘mixed emotions’ about AMG chief’s departure...

The head of Mercedes-Benz says the Daimler-owned automaker has “mixed emotions” about the departure of Mercedes-AMG boss Tobias Moers.

128-Year-Old Melbourne Institution Hopetoun Tea Rooms Is Up for Sale

The eatery – which has been operating in the CBD’s iconic Block Arcade since 1892, drawing crowds with its extravagant cake displays and wide-ranging tea menu – reportedly owes more than $3 million.

Swiss National Bank Buys 348,300 Shares of Noble Energy, Inc. (NYSE:NBL)

Swiss National Bank increased its stake in Noble Energy, Inc. (NYSE:NBL) by 23.1% during the first quarter, HoldingsChannel reports. The firm owned 1,856,312 shares of the oil and gas development company’s stock after acquiring an additional 348,300 shares during the period. Swiss National Bank’s holdings in Noble Energy were worth $11,212,000 as of its most […]

USD/JPY climbs to fresh daily highs above 107.80 supported by risk-on flows

The USD/JPY pair fluctuated in a very tight range near 107.50 during the Asian trading hours but started to climb higher on strengthening risk appetit

[Monitor] Air transport hit hardest by pandemic

The production performance of many Korean companies was found to have deteriorated in the first quarter this year due to the global economic downturn and the impact of the pandemic, latest data showed Wednesday. Local corporate tracker CEOScore surveyed 127 companies, which submitted quarterly reports and disclosed their production capacity and performance, among the nation’s top 500 companies. According to...

How South Korea made itself a global innovation leader

Systemic reform backed by strong investment has brought rapid and long-lasting results.

ACB Stock Price: Aurora Cannabis Inc. remains on the defensive below $16.00

Aurora Cannabis Inc. (ACB) is down for the third consecutive session on Wednesday, slipping back below the $16.00 mark per share and flirting at the s

PNC Financial Services Group Inc. Purchases 4,239 Shares of Science Applications International Corp (NYSE:SAIC)

PNC Financial Services Group Inc. lifted its stake in shares of Science Applications International Corp (NYSE:SAIC) by 22.9% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 22,776 shares of the information technology services provider’s stock after acquiring an additional 4,239 shares during the period. […]

How failure to embrace the cloud could be the end of Wall Street as we know it

If you work in the financial services industry, you’re forgiven if you’re suffering from a bit of cloud fatigue. The rise of cloud technology and its implications have been hot topics on Wall Street for years now, and rightly so – the benefits are immense and will inform the digital strategy of countless firms in the years to come.

Youth Online Businesses Face Closure as Govt Demands Fees

Deejays and those with online shops selling various goods including clothes, shoes and food items are affected by the pronouncements from...

Integral to Provide Workflow Automation to Velocity Trade

Integral announced that it has been selected by Jefferies’ TrueFX trading network, Velocity Trade, to update its workflow automation and trading technology.

Design Firm Creates Futuristic Protective Suits For Concerts After COVID-19 Era

The futuristic suits aim to provide a “solution for bringing people together safety.”

Slideshow | Gainers & Losers: 10 stocks that moved the most on May 27

Among Sectors, Nifty Bank rose 7 percent followed by IT, metal and energy space, while pharma index ended marginally lower.

[Graphic News] US video game industry sees record April sales: survey

　Spending on video games in the US jumped to a new April record as locked-down consumers sought refuge in playing games, industry figures showed. 　A total of $1.5 billion was spent on video game hardware, software, accessories and game cards, eclipsing a previous April high of $1.2 billion spent in the US in 2008, according to NPD analyst Mat Piscatella. 　April was the first full month of tight restrictions on p...

Natixis IM Makes Strategic Investment in UK Savings Fintech

Smart, a UK-based savings technology company, has announced on Tuesday that it received a strategic investment from Natixis Investment Managers, a French investment bank.

Don't Gamble In The Markets, Look At These 2 Blue Chip Healthcare Names Instead

Bristol-Myers Squibb and AbbVie offer rare clarity in today's market. Both names have reaffirmed 2020 guidance and are calling for strong growth. Both names are

Kilkenny-based Entegro creates 50 jobs from broadband contract

Telecoms company will design fibre optic networks for National Broadband Plan

Russell Investments Group Ltd. Sells 40,321 Shares of AMN Healthcare Services, Inc. (NYSE:AMN)

Russell Investments Group Ltd. reduced its holdings in AMN Healthcare Services, Inc. (NYSE:AMN) by 36.7% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 69,520 shares of the company’s stock after selling 40,321 shares during the period. Russell Investments Group Ltd. owned approximately 0.15% […]

Total Value Of Commercial Bank Loans In The US Jumped By $1trn Since January

American debt levels continue rising year after year, with a surge in the number of people using loans to pay anything from home renovation and medical expenses to vacations, scholarship, and credit card debts.

Morrisons to launch shop selling just clothes and homeware

It will be a 'one-of-a-kind' store - a branch without the usual groceries

Rocket Pharmaceuticals: Updating Our Bullish View For Recent Events - Still A BUY

We remain bullish on RCKT - a gene therapy biotechnology company with a considerable amount of news flow anticipated during the next 12 months. We first highlig

Whangarei Finance Company In $945K Settlement With Commission

Current and former borrowers of Whangarei-based finance company Profile Finance Limited will receive $945,334 in credits and refunds after Profile Finance signed a settlement agreement with the Commerce Commission.

Delta Exchange Launches Interest-Bearing Accounts for Crypto Traders

Delta Exchange, a crypto derivatives platform, announced on Wednesday the launch of interest-bearing accounts for its customers.

Blockchain Gets University Credit

RMIT University students and researchers are seeing a bright future in blockchain technologies.

First Allied Advisory Services Inc. Decreases Stock Position in AES Corp (NYSE:AES)

First Allied Advisory Services Inc. lessened its position in AES Corp (NYSE:AES) by 58.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 15,587 shares of the utilities provider’s stock after selling 22,035 shares during the quarter. First Allied Advisory […]

Food company promises related to healthy eating are rarely met

B Popkin, The Global Food Research Program, shares the global experience with food industry self-regulation and reflects on how healthy eating promises are rarely met

South Dublin office investment sells for €1.35m

Private investor in line for 6.73% yield from purchase of fully let Sandyford property

Preview: A Youth Dialogue with ECB’s Lagarde on the COVID-19 response

The European Central Bank (ECB) President Christine Lagarde’s speech will be closely eyed ahead of the European Union (EU) Summit to reach an agreemen

Ho Hup receives LOAs from CCC-ECRL for ECRL Section 6 works

KUALA LUMPUR, May 27 — Ho Hup Construction Company Bhd has received Letters of Acceptance (LOAs) from China Communications Construction (CCC-ECRL) Sdn Bhd for the engineering, procurement, construction and commissioning of the East Coast Rail Link (ECRL) project. It said the works include Section...

Tencent, Parent Company of WeChat, to Invest $70 billion into Blockchain, AI, Cybersecurity & More in Pursuit of New Infrastructure

Tencent, a massive Chinese conglomerate that also operates WeChat, is planning to invest $70 billion over the next five years. The money will go into "new infr

Gold Price Analysis: Bounce from sub-4H 200-SMA has stalled

Gold's overnight drop below the 4-hour chart 200-candle simple moving average (SMA) was short-lived, possibly due to US-China tensions. Technical char

Lagos extends tax returns deadline again - The Nation Nigeria

Yearly returns for individuals (employees and self-employed persons) that were initially due for May 31, can now be filed on or before June 30....

SON, Tech Committee outline road map for tomato value chain

In furtherance of the Federal Government’s economic diversification policy, the Standard Organisation of Nigeria, SON,

BLLA debuts #BoutiqueStrong campaign to empower boutique community

LOS ANGELES - Boutique Lifestyle Leaders Association (BLLA) and sister organization travel discovery platform StayBoutique have launched their #BoutiqueStrong campaign to arm boutique hotels and businesses with the unique tools to reopen and succeed in this new landscape, including an official reopening guide, private social network and a new membership option.  The #BoutiqueStrong Council is a Task Force joining a qualified group of boutique industry experts with one goal in mind: supporting boutique hotels and businesses with resources and educational assistance

Buy Carrier Global As Potential Asset Sales Will Reduce Debt

Recent trading multiple compression due to the coronavirus. Potential asset sales to reduce indebtedness. Strong trends in the residential HVAC replacement cycl

Motorists shun forex fuel

MOTORISTS in Bulawayo are shunning service stations which sell fuel in foreign currency and opting to fill their tanks from those charging in local currency as the exchange rate continues to shoot through the roof on the parallel market. Service stations selling in local currency are now three times cheaper than those charging in foreign currency, forcing some forex service stations to reduce their prices. As of yesterday, the exchange rate at the parallel market was US$1:ZW$60 via electronic transfers and US$1:45 for cash transactions. At selected service stations visited by a Chronicle news crew, forex fuel stations were selling petrol for between US$1,05 and US$1,25 while diesel was going for between US$1 and US$1,13. Those trading in local currency were charging between $21,76 and $23,30 for petrol while diesel was being sold for $21,59 and $22,55. Our news crew observed yesterday that there were long winding queues at most service stations selling the commodity in local currency.

Fanhua Inc. (FANH) CEO Chunlin Wang on Q1 2020 Results - Earnings Call Transcript

Fanhua Inc. (NASDAQ:FANH) Q1 2020 Earnings Conference Call May 26, 2020, 09:00 PM ET Company Participants Oasis Qiu - IR Manager Chunlin Wang - Chairman & C

Covid-19: Malaysia has sufficient supply of food and necessities, says minister

SERIAN, May 27 — Malaysia has sufficient supply of basic food and necessities to last during the current Covid-19 pandemic period, said Minister of Domestic Trade and Consumer Affairs (KPDNHEP) Datuk Alexander Nanta Linggi. He said the KPDNHEP, together with the Ministry of Agriculture and Food...

iShares Europe ETF (NYSEARCA:IEV) Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. lowered its position in shares of iShares Europe ETF (NYSEARCA:IEV) by 41.6% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 51,795 shares of the company’s stock after selling 36,838 shares during the quarter. PNC Financial Services […]

New office thinking outside the glass box

Progressive enterprises snap up period properties in regional areas for their offices

First Allied Advisory Services Inc. Makes New Investment in Pinterest (NYSE:PINS)

First Allied Advisory Services Inc. purchased a new position in shares of Pinterest (NYSE:PINS) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 15,740 shares of the company’s stock, valued at approximately $243,000. A number of other institutional investors have also recently added to […]

Eskom sees lower risk of power cuts during winter

Eskom expects only 3 days of stage one power cuts, where up to 1,000 megawatts is taken off the national grid, during the winter period when demand increases, the chief executive officer said on Wednesday.

MediaWorks staff to hear details of proposed redundancies

The radio arm of MediaWorks is meeting with staff today about proposed redundancies. On Monday it announced 130 jobs in its sales and radio...

Kemin’s algae-sourced beta glucan BetaVia gets novel foods nod: ‘An opportunity for innovative product developers’

US-based Kemin Industries has received a positive safety assessment from the European Food Safety Authority (EFSA) for its algae-sourced beta glucan ingredient, BetaVia. This unlocks the opportunity for ‘innovative product developers to be the first to communicate around the source’ and tap into surging interest in immunity, the group’s European marketing manager, Miguel Martinho, tells FoodNavigator.

GHMC collects Rs 331 cr property tax so far

Despite the State government extending a five per cent rebate on property tax to all structures, including commercial buildings

Malaysia reports 15 new coronavirus cases with no new deaths

KUALA LUMPUR (Reuters) - Malaysian health authorities on Wednesday reported 15 new coronavirus cases, raising the cumulative total to 7,619 cases.

Op-Ed: Challenges faced by early-stage clean energy companies

Like many other sectors, early-stage clean energy companies are heavily affected by the COVID-19 pandemic and the response of governments to it.

Performance Kia Promotes Special offers on New Kia Sportage Models

MOOSIC, Pa., May 26, 2020 /PRNewswire-PRWeb/ -- The Performance Kia dealership in Moosic, Pennsylvania sells sedans, hatchbacks and SUVs. Among SU...

Ask the expert: how can I improve my success rate creating partnerships?

In this fortnightly column, Ask The Expert, we aim to provide readers with practical advice on how to grow their businesses.

Nothing Natural About Low Rates

While an interest rate in the absence of both central banks and money may seem hard to imagine, the natural rate concept is commonly referred to in discussions

Giant batteries for electric grid are slated for Kapolei | Honolulu Star-Advertiser

A fledgling San Francisco energy storage company has snagged a big role in moving Hawaii off fossil fuel-generated electricity.

USD/CHF climbs above 0.9700 after SNB Chairman Jordan's comments

The USD/CHF fell to a daily low of 0.9650 in the early trading hours of the European session but turned north on Swiss National Bank Chairman Thomas J

COVID-19: Going local, with help for the farmer in Kerala

A group of women entrepreneurs in Kerala forms a Facebook group to help local farmers sell their produce

Jobs numbers to plummet at AJ Hackett

The world’s oldest bungy jump tourist operation is set to make significant cuts. The Otago Daily Times understands more than 150 jobs — out of 220 ...

One in four retail branches to close in Europe as digital interactions mushroom - Kearney

As many as 40,000 bank branches will close across Europe in the next three years, as increasing numbers of customers turn to digital channels, according to a study by consultancy Kearney.

PNC Financial Services Group Inc. Raises Stake in DENTSPLY SIRONA Inc (NASDAQ:XRAY)

PNC Financial Services Group Inc. boosted its position in DENTSPLY SIRONA Inc (NASDAQ:XRAY) by 36.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,949 shares of the medical instruments supplier’s stock after buying an additional 12,660 shares […]

UNIQLO Is Designing Reusable Face Masks Made From Its Underwear Material

The unique fabric is cooling, quick-drying, and heat-resistant.

Fresh dairy introduces free home delivery services

Kampala, Uganda |  THE INDEPENDENT |  Khisa Isaac In a bid to enable customers access milk products without leaving their homes to curb the ongoing coronavirus pandemic, milk processor, Fresh Dairy, has unveiled a free home delivery services for both its Fresh Dairy and Brookside products.   The service dubbed ‘Staysafe Stay healthy’ will see the …

PNC Financial Services Group Inc. Cuts Stake in Anheuser Busch Inbev NV (NYSE:BUD)

PNC Financial Services Group Inc. decreased its holdings in shares of Anheuser Busch Inbev NV (NYSE:BUD) by 10.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 40,091 shares of the consumer goods maker’s stock after selling 4,614 shares during the quarter. […]

[Herald Interview] JANDI: Usurping KakaoTalk in Korea’s work communication

Toss Lab, the maker of innovative collaboration tool JANDI, has established itself at the top of South Korea’s growing work communication platform market. The fledgling company, in just six years, has managed to go head-on with not only domestic competitors such as Flow and Collabee but also global companies like Slack and Microsoft Teams. Ironically, however, these direct competitors offer far less of a ch...

WARHORSE AIR FREIGHT INITIATIVE TAKES OFF

The nationwide project driven by a company independent of the freight forwarding industry to enable non-conflictive inclusivity and ethical trade has attracted support from businesses such as Bidvest International Logistics, CFR, BidAir and Savino Del Bene, and organisations including the South African Association of Freight Forwarders (SAAFF), B4SA and BUSA. It is facilitated through an all-inclusive shared-space air charter solution underpinned by a compliant and transparent administration process according to the CEO of tvg&associates (TVG) Teresita van Gaalen who says the next flight is scheduled for Friday 05 June “We have undertaken the project to help secure a number of all-important socio-economic factors in South Africa during the national State of Disaster. Collaboration between all parties is essential in the current circumstances and the intention is to ensure a stable and inclusive supply chain facilitated by a channel that offers the highest levels of impartiality, good governance and a seamless…

Altek supplies 3D depth-sensing lens modules for XRSpace Mova

Digital camera ODM Altek will supply 3D depth-sensing lens modules for use in XRSpace Mova, a 5G-based standalone VR device that XRSpace unveiled on May 26, with shipments to begin in the third quarter of 2020, according to company chairman and CEO Alex Hsia.

Sporton busy fulfilling orders for inspecting 5G sub-6GHz chips, handsets

Taiwan-based Sporton International has been busy fulfilling orders from MediaTek for testing and certifying its 5G sub-6 GHz mobile SoCs as well as orders from Chinese handset vendors for inspecting their 5G smartphones to help them win approvals from international verification organizations, according to industry sources.

Is American Airlines Worth Saving?

The U.S. airline industry is in the process of moving from payroll support grants which most carriers received to carrier-specific and optional loans from the U

Walmart partners with online fashion reseller thredUP

May 27 (UPI) -- Retailer Walmart said Wednesday it's partnering with consignment company thredUP as a measure to boost online fashion sales.

Adamis Pharmaceuticals: Barely Holding On After Q1 Report

Adamis recently reported their Q1 earnings with a miss on EPS and revenue. The COVID-19 pandemic has had a significant impact on the company's US Compounding sa

Raising IC self-sufficiency increasingly difficult for China

US vendors remain dominant players in the global front-end semiconductor equipment market segment, which will be a critical factor blocking China's ambition of raising self-sufficiency for ICs, according to industry observers.

Digital Currency Trading & Lending Platform Genesis Acquires Institutional Custodian Vo1t

Genesis, a digital currency trading and lending platform, recently announced it has acquired Vo1t, an insured digital institutional custody service. Genesis rep

EVs Are A Niche Product, And Tesla Is Even Losing In This Niche

Survey data shows that electric vehicles (EVs) are primarily commuter cars bought by niche purchasers, severely limiting their addressable market. A recent anal

Mass tourism is not sustainable

New directions are needed for the Central Otago economy as it looks to recover from Covid-19, writes Wanaka resident  Warwick Thompson. Central...

Singapore Fintech GoBear Secures $17 Million Through Latest Investment Round to Expand Financial Services For Asian Markets

GoBear, a Singapore-based fintech, has reportedly secured $17 million through its latest investment round. The investment brings GoBear’s total funding to $97

Singapore risks deflationary pressure – UOB

Economist at UOB Group Barnabas Gan reviewed the latest inflation figures in Singapore. Key Quotes “Singapore’s inflation environment has eased furthe

Amid Covid-19 challenges for raising capital, gold M&As were a feature of Q1 2020

The total value of mining deals declined by $3.4bn to $22.8bn in Q1 2020, a second consecutive decline. A series...Read More...

Athersys: Fare Well

Athersys' take on cell therapy has significant advantages but is unproven to this point. Athersys' longstanding and vitally important lead program focusing on t

Morgan Stanley Tip Westfield Malls Best Set To Recover

Morgan Stanley analysts predict Scentre-owned Westfield will be among the best set shopping malls for recovery amidst the coronavirus pandemic.

Bollore's Shares Are Cheap, But Value Still Mostly Rests On Unwinding Complex Structure

Bollore is a French conglomerate with a history dating back to the early 19th century that today owns investments concentrated in logistics and media. A complic

Slideshow | UPL and Bajaj Finserv among 15 buying ideas with 13-84% upside

Here are the top 15 stocks, in which brokerages are expecting 13-84 percent upside:

LED: The magic bullet that will unlock economy

development

Johnny Ronan plans boutique hotel after paying €3.8m for Dublin docklands houses

Terrace at 34-38 Upper Mayor Street located beside Ronan Group's Project Waterfront site

Fed could adopt yield curve control

A report by Bloomberg's Liz McCormick and Craig Torres says the US Federal Reserve (Fed) may implement yield-curve control to cap yields on government

Union Properties’ subsidiary to claim approximately Dh1.5b

The claim is related to construction work that was completed around 10 years ago

Gold: Bull market to be extended – Deutsche Bank

The momentous scale of monetary and fiscal countermeasures to support the global economic recovery are likely to extend the duration of the gold bull

Swiss National Bank Acquires 2,800 Shares of Aecom (NYSE:ACM)

Swiss National Bank raised its holdings in shares of Aecom (NYSE:ACM) by 0.9% in the first quarter, HoldingsChannel.com reports. The firm owned 304,680 shares of the construction company’s stock after buying an additional 2,800 shares during the period. Swiss National Bank’s holdings in Aecom were worth $9,095,000 as of its most recent SEC filing. A […]

Māori Party: Financial Vulnerability Survey Shows Need For Wage, Benefit Increases

In response to a new financial vulnerability survey that shows Māori are among the worst affected economically by COVID-19, Māori Party Co-leader and Te Tai Hauāuru candidate Debbie Ngarewa-Packer is calling on the Government to lift incomes by doubling core benefits, increasing the minimum wage to a living wage, and creating secure, well-paid jobs.

Riverside housing scheme begins with demolition of Gateshead oil depot

High Street Group is creating more than 250 riverside apartments on the former Brett Oils site

Wonderla gets extension on tax break, as lockdown hits construction

The amusement park operator has obtained a further extension of an entertainment tax exemption from the State government, to cover a period of five years from the date of commercial operations or September 30, 2021, whichever is earlier

51job: Despite Short-Term Pain, Long-Run Perspectives Look Bright

Several structural big-picture drivers are in place to give material tailwinds to recruitment services market in China. 51job and Zhaopin are the top dogs in te

SL Green: Buy Manhattan's Largest Office Landlord At A Steep Discount

SL Green Realty is the largest office landlord in Manhattan and managed by a crew who has worked together through several previous crises. A 9% yield looks to b

Skinbiotherapeutics (LON:SBTX) Shares Down 1.5%

Skinbiotherapeutics PLC (LON:SBTX) dropped 1.5% during mid-day trading on Monday . The stock traded as low as GBX 16.68 ($0.22) and last traded at GBX 16.75 ($0.22), approximately 423,279 shares traded hands during mid-day trading. An increase of 62% from the average daily volume of 261,826 shares. The stock had previously closed at GBX 17 […]

EUR/USD: Failure at 1.10 may fuel a fall

EUR/USD Wednesday's four-hour chart is showing some weakness after failing to top 1.10, as FXStreet’s analyst Yohay Elam notes. OCBC Bank also sees th

Price of sanitary pads soars as world marks menstrual hygiene day

Andile Tshuma, Chronicle Reporter THE price of sanitary wear in the country has gone beyond the reach of many and a number of women and children have resorted to unorthodox ways of managing their periods. This comes at a time when the world is marking World Menstrual Hygiene Management Day which falls on May 28. Most of the common sanitary pads brands in the country are imported and the closure of borders has resulted in the soaring of prices in the country. Low priced sanitary pads are scarce and most shops have stocked expensive brands, such as Cortex, which costs about $120 for a pack of 10, way beyond the reach of many women. Women who spoke to Chronicle said they could no longer afford to buy pads and had resorted to using random pieces of cloth or sewing cloth sanitary napkins.

ASX bath of blood drains into bank rip

The Australian dollar is pulling back a little from the overnight surge:

Cabinet approves appointment of Sithole as PIC CEO

Sithole is currently the principal executive officer of the Government Employees Pension Fund and the commissioner of the Financial Sector Conduct Authority.

How Afrihost launched a winning lockdown campaign

Afrihost’s work-from-home campaign shows why it is so popular among consumers and its own employees.

It's A Bird, It's A Plane, It's Brookfield Property REIT

Although BPY/BPR is considered a mall REIT, the company technically is considered a diversified REIT because it invests in core office, retail and multifamily p

Azmin to make working visit to Kedah

KUALA LUMPUR, May 27 — Senior Minister cum International Trade and Industry Minister Datuk Seri Mohamed Azmin Ali will make a one-day working visit to Kedah tomorrow. The International Trade and Industry Ministry (Miti) said Mohamed Azmin is scheduled to make a courtesy call on Kedah Mentri Besar...

PNC Financial Services Group Inc. Raises Stake in Rio Tinto plc ADR (NYSE:RIO)

PNC Financial Services Group Inc. lifted its position in shares of Rio Tinto plc ADR (NYSE:RIO) by 9.5% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 45,286 shares of the mining company’s stock after purchasing an additional 3,938 shares during the quarter. PNC Financial Services Group […]

John Lewis reveals exact date for reopening of Ipswich store

Retailer John Lewis has revealed Ipswich will be one of the first locations to reopen among a handful of UK branches.

RBZ increases gold retention threshold

THE Reserve Bank of Zimbabwe (RBZ) has increased the gold retention threshold to 70 percent in foreign currency for sale proceeds from the previous 55 percent in a move aimed at boosting production in the sector. Under the new gold trading framework, it means gold producers will now receive 30 percent of their gold sale proceeds to Fidelity Printers and Refiners (FPR) in local currency. FPR is the country’s sole gold buyer and operates under the purview of the Central Bank. In a statement, FPR general manager Mr Fradreck Kunaka said the new gold trading framework was with effect from yesterday. “Gold producers shall be paid under a 70/30 payment arrangement scheme in terms of which 70 percent of the gold sale proceeds shall be paid into the producer’s Nostro account and the balance of 30 percent shall be paid in local currency at the ruling exchange rate into the producer’s ZW$ account,” he said. Under the new framework, small-scale gold buying agents and artisanal producers shall be paid in cash at a flat price…

Finding working capital is key to small businesses efforts as reopening accelerates

Small businesses are suffering affer a long pandemic shutdown and they are worried about what will be needed as they begin to reopen. Interviews with a select group of small business owners found that access to working capital is key to reopening, as well as clear guidance from government or trade organizations about how to reopen safely during the pandemic.

Factors To Consider With REM, REML And Individual mREITs

The damage to the agency mREITs resulting from the sudden extreme decline in interest rates is now over. All mREITs are trading at deep discounts to book value.

The “Future Is Bright” for Qatar’s Fintech Firms that can Survive COVID-19 and Partner with Incumbents, According to Financial Services Professional

The "future is bright" for Qatar's Fintechs that can survive COVID-19 & partner w/ incumbents, according to financial services professional.

OFS Capital: Vote No

OFS Capital Corp. is a Business Development Company that provides capital solutions to U.S.-based middle-market companies. BDCs rely on leverage to “juice up” r

Royal Enfield inaugurates portable showroom in Thailand

The unique Royal Enfield store opens for customers in Chiang Rai, Thailand. Click here for more details.

Stabilus: A New Wave In Auto Components Business Concentration

Stabilus is not only a German industrial provider for the automotive industry - 60% revenue -, but also for other industries - 40% revenue. It produces gas spri

Merlin Properties - One Of The Largest European REITs

In this article, we'll take a more comprehensive look at Merlin Properties, a European REIT found in Spain. The company has an appealing blend of real estate in

First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. reduced its holdings in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 14.8% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 64,393 shares of the company’s stock after selling 11,224 shares during the quarter. […]

Bank: Lithuanian billion-rescue-plan may be slowed down by red tape

As the Lithuanian government plans to invest 6.3 billion euros in the economy and human resources in 18 months, Swedbank has pointed to excessive red tape as weakness that could slow down the investments, LRT reports.

These International Stocks Are Extremely Undervalued - Part 2

This is the second part of the undervalued stock list - but the international version. We highlight some of the companies we view as the most undervalued in ter

'Reboot, reform' of agriculture pushed

During the launch of the "Plant, Plant, Plant" program in line with the celebration of the farmers and fisherfolk's month at the Department of Agriculture central compound in Quezon City, Dar said the agriculture sector should be more responsive especially with the pressing issues faced by the country.

EUR/GBP clings to gains near daily tops, still below mid-0.8900s

The shared currency caught some fresh bids in the last hour and lifted the EUR/GBP cross to daily tops, around the 0.8935 region. The cross stalled it

Argentex Group Announces Completion of New London Headquarters

Argentex Group, provider of foreign exchange services to institutions, corporates and high net worth private individuals announced new London headquarters.

PBoC: China to roll out 11 financial reform measures in near-term

The People's Bank of China (PBoC) on Wednesday announced that China will be rolling out 11 financial reform measures in the near-term. "China will dee

Size of S. Korean insects industry up 8% in 2019

The size of South Korea's insects industry rose 8 percent in 2019 from a year earlier, data showed Wednesday, as a growing number of companies raise or process insects for foodstuffs, pets and other purposes. The combined sales of local insect-related companies reached 40.5 billion won ($32.9 million) in 2019, up from 37.5 billion won a year earlier, according to the data compiled by the Ministry of Agriculture, Foo...

GoBear raises $17 million for underbanked play

Singaporean financial comparison site GoBear has raised $17 million in funding from returning investors Aegon and Walvis Participaties.

Largan sells China plant

Smartphone-use lens module maker Largan Precision has taken a major step in expanding capacity in Taiwan by remitting back about NT$11 billion (US$367 million) in income from selling its Suzhou, China plant.

SAA can be rescued with requisite funding – administrators

Discussions with government reportedly ongoing.

USD/ZAR Price Analysis: Off two-month lows, Bullish RSI divergence on 4H

USD/ZAR pair is sidelined near 17.40 at press time, having hit a low of 17.32 on Tuesday. That was the lowest level since March 27. The pair could see

GBP/USD: Sterling has room to rise on Brexit hopes

Brexit hopes, the scandal around Dominic Cummings, and Sino-American relations are in the mix. Yohay Elam, an analyst at FXStreet, thinks the cable ha

USD/BRL: 6.00 is a realistic upper barrier – Credit Suisse

Analysts at Credit Suisse think the more forceful FX intervention language and improved external sentiment warrant a range approach to USD/BRL, target

3F Oil Palm Agrotech rolls out mobile app for oil palm farmers

3F Oil Palm Agrotech, an oil palm player, has launched 3F Akshaya, an Android mobile app for oil palm farmers. It lets farmers access all services associated with oil palm farming.It also provides inf

Online training programme continues at BSL

Class room training in BSL Human Resource Development Department is currently suspended due to Covid-19. Sharing information the chief of communication BSL Manikant Dhan told that in order to balance such situation the digital platform is being used by the Bokaro Steel Plant to ensure continuity of

WTI Price Analysis: Seesaws around $34.00, near to break immediate triangle

While flashing yet another move inside a short-term symmetrical triangle, WTI drops to $34.07, down 0.60% on a day, during Wednesday’s Asian session.

Overfunding: Neobank for Africans Eversend Surpasses €550,000 in Funding Through Seedrs Round

Eversend, a Neobank for African, has successfully secured its initial €550,000 equity crowdfunding target through its Seedrs campaign. The company is now offe

Rodents compound woes of traders

Their population has seen manifold increase in closed showrooms

USD/JPY Price Analysis: Bounces off intraday low to regain 107.50 as risks dwindle

USD/JPY pulls back from the daily bottom to 107.55 ahead of the European session on Wednesday. In doing so, the yen pair recovers from 21-day EMA whil

Farmers trim livestock head amid dwingling pastures

FARMERS in parts of drought hit Midlands province have started disposing off their cattle as pastures decline due to the poor rains experienced in the 2019/2020 season. Communal farmers in areas like Gokwe North and South, Mberengwa and Chirumhanzu have been selling their cattle at below market price saying they cannot afford buying expensive stockfeed. The raging inflationary pressures and disruption of productive value chains, have deepened the plight of farmers.  Midlands crop and livestock production provincial officer, Mrs Medlinah Magwenzi, acknowledged the development and encouraged farmers to preserve feed for livestock in order to curb livestock deaths.

City projects under budget

Over the last 20 or so months, the City of Kamloops has worked millions of dollars worth of projects, the majority of which came in below budget.

My Top New England Bank Pick For The 2020s

Earlier this month, I had the opportunity to talk with Curtis Simard, President/CEO of Bar Harbor Bank & Trust, a $3.67 billion bank operating in Maine, Vermont

PNC Financial Services Group Inc. Buys 18,570 Shares of iShares Silver Trust (NYSEARCA:SLV)

PNC Financial Services Group Inc. grew its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 16.0% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 134,308 shares of the exchange traded fund’s stock after acquiring an additional 18,570 shares during the quarter. […]

HVMG awarded management of under construction Residence Inn by Marriott Waco/South in Texas

WACO, TEXAS - Hospitality Ventures Management Group (HVMG), an Atlanta-based, private hotel investment, ownership and management company, announced it was awarded management of the currently under-construction, 104-room Residence Inn by Marriott Waco/South in Texas. Owned by Heritage Hospitality Group, a hospitality ownership/development/construction management company, the hotel is expected to open in in mid-July 2020. “The Residence Inn by Marriott Waco/South marks our fifth hotel in Texas and our 20th  Marriott-branded property,” said Robert Cole, president & CEO, HVMG. “Our familiarity with both

S&P 500: No supports of note broken – Credit Suisse

S&P 500 outlook stays seen critically balanced with the market still below its 200-day average at 3000 on a closing basis, but with no supports of not

EU Commission updates working programme for 2020

The European Commission announced on Wednesday its updated work programme for 2020 as part of the EU's recovery plan. "The commission remains fully determined to deliver on its flagship initiatives, the European Green Deal and the Digital Strategy, as the...

Farmers' Market returning

The Penticton Farmers' Market will be re-opening its outdoor market this Saturday, May 30, taking over its usual spot in the 100 block of Main Street.

Day Trading Guide for May 27, 2020

₹853 • HDFC Bank S1S2R1R2COMMENT 840826870885 Fresh long positions are recommended with a stiff stop-loss only if the stock moves beyond ₹870 levels ₹680 • Infosys S1S2R1R2COMMENT 672660690700 Cons

Cargill: ‘Technology is moving us closer towards maximum transparency and traceability’

US agri-food giant Cargill is looking to solutions such as mobile money, GPS mapping and digital data collection to improve transparency in its cocoa supply chains in Africa and elsewhere.

DC Restaurant Owner Facing Challenges

The lockdown was extended to June 8th here in Washington, which means many retailers and restaurants have now been shuttered for over 2 months. One restaurant near the heart of Washington DC was developing a strong following among vegan diners when the pandemic turned everything upside down.

USD/CNH faces further upside pressure – UOB

FX Strategists at UOB Group expect USD/CNH to edge higher in the near term. Key Quotes 24-hour view: “USD traded between 7.1355 and 7.1491 yesterday,

JP Morgan to deploy Calastone tech for automated settlement

JP Morgan has signed a partnership agreement with Calastone which will see it deploy the latter’s technology to enhance its settlements processes.

Engineering firm Downer secures $294m Eliwana contract from Fortescue

Downer EDI has secured a contract from Fortescue to complete works at the Eliwana iron ore mine in the Pilbara region of Western Australia.

EU Commission to mobilize EUR750 billion for the coronavirus recovery fund – DPA

Ahead of the European Union (EU) Summit, aimed to unveil a post-COVID-19 recovery plan, he Deutsche Presse-Agentur GmbH (DPA) came out with headlines,

R3bn of CT's R54bn budget earmarked for indigent, disabled and pensioners

During a virtual sitting, Cape Town Mayor Dan Plato told councillors that service delivery has had to be adapted so that essential services could continue.

Arena 10 Thonglor to host rent-free market to boost the beau monde

A nightlife destination known for clubs and restaurants in the heart of Thonglor will host a rent-free weekend market next month to help upmarket businesses hurt by COVID-19 Arena 10 will not charge vendors to sell at the market to be set up on...

NZD/USD: Basking in the wave of risk-on euphoria – ANZ

The kiwi basked in the euphoria of the S&P 500 breaking 3000 and broke the 0.6170 resistance. The NZD/USD will remain bid, but analysts at ANZ Bank ar

EU Commission: European recovery plan and next long-term budget to use €1.85 trillion

The European recovery plan and the next long-term budget will use €1.85 trillion to kick-start the EU economy, Reuters reported on Wednesday, citing t

Natural Gas Price: Cautiously positive

CME Group’s preliminary data for Natural Gas futures markets noted open interest shrunk for the second session in a row on Tuesday, this time by nearl

Gold Price News and Forecast: XAU/USD bounce from sub-4H 200-SMA has stalled

Gold's overnight drop below the 4-hour chart 200-candle simple moving average (SMA) was short-lived, possibly due to US-China tensions. Technical char

Oklahoma oil prices and drilling report for May 27, 2020

Oklahoma crude oil prices as of 5 p.m. Tuesday: Oklahoma Sweet: Sunoco Inc. — $30.75 Oklahoma Sour: Sunoco Inc. — $18.75 Oklahoma oil and gas drilling activity posted May 11: COMPLETION Blaine: Paloma Operating Co. Inc.; Hammerhead 20-15N-10W No. 3MH Well; NE1/4 NW1/4 NW1/4 NW1/4 (BHL) of 20-15N-10W; 627 barrels oil per day, 816,000 cu-ft gas per day, TD 16,227. Carter: Mack Energy Co.; SW Wildcat Jim Deese Unit No. 7-1 Well; NW1/4 SW1/4 SE1/4 SW1/4 of 06-02S-02W; 1 barrels oil per day, TD 4,372. Kingfisher: Paloma Operating Co. Inc.; Sand Hills 25-15N-6W No. 3MH Well; E1/2 SW1/4 SW1/4 SW1/4 (SL) of 24-15N-06W; 216 barrels oil per day, 52,000 cu-ft gas per day, TD

Proposed Kannapolis budget has no fee or rate increase

Kannapolis City Manager Mike Legg presented the recommended Fiscal Year 2021 budget to the Kannapolis City Council Tuesday evening.

Crude Oil Futures: Look neutral near-term

In light of advanced data for crude oil futures markets from CME Group, open interest dropped for yet another session on Tuesday, this time by just 30

Lagarde speech: ECB’s mild growth scenario already outdated

Speaking about the European Central Bank’s (ECB) response to the COVID-19 pandemic at the European Youth Dialogue 2020, President Christine Lagarde sa

EUR/USD: A convincing recovery plan is positive for the euro – Nordea

The EUR750 billion recovery fund proposal presented by the Commission would illustrate a strong commitment to keep the Euro-area and the EU together a

Glendhu Shorthorn bull sale held in Heriot

Fraser and Susie Fletcher were delighted with the outcome of their second on-farm Glendhu Shorthorn stud bull sale near Heriot last week. The top...

SNB's Jordan: Willing to intervene in currency markets more strongly

Swiss National Bank (SNB) Chairman Thomas Jordan said on Wednesday that they do not expect a rapid economic recovery and noted that it was very diffic

Sailing barley ships show limits of Chinese power

Via The Australian:

COVID -19: Major Ruparelia Group Hotels and Restaurants open for business

A number of Ruparelia Group Hotels, Apartments and Restaurants have opened for business according to the Ruparelia Group of Companies Chairman Dr Sudhir Ruparelia. Dr Ruparelia said in Kampala that the Hotels, Apartments and Restaurants that are currently open and operating according to President Yoweri Museveni recent directive are Kabira Country Club, Speke Apartments, Bukoto Heights, Boulevard Apartments, Speke Apartments Kitante and Speke Resort and Country Club Munyonyo. “We have taken measures to ensure the safety of both our guests and staff,”  said Dr Ruparelia. He, however, added that the opening of Speke Hotel, Forrest Cottages in Naguru and Dolphin Suites Bugolobi will be delayed for a few more days. “We can’t wait to see you again at *La Cabana* and looking forward to hosting you again soon. The good news is – we are READY to make you happy with the best items from our menu!  *#staysafe*,” said Ruparelia.

Nationwide rolls out online mental health tools for staffers

Nationwide Building Society has built an online tool that helps employees who are experiencing mental health issues during the Covid-19 outbreak get access to support.

UK's Frost: EU has a lot on its plate right now

The European Union has a lot on its plate right now and it's important they keep enough focus on Brexit negotiations and do not relegate them, the UK'

EUR/CHF: Awaiting EU Recovery Fund details in the 1.05-1.07 range – Credit Suisse

Analysts at Credit Suisse see a 1.05-1.07 range in EUR/CHF as the most likely outcome for the time being pending further details on the EU Recovery Fu

Brent price forecast revised up to $40/ barrel by end-2020 – Morgan Stanley

In its latest client report, Morgan Stanley raised its year-end Brent oil-price forecast, in anticipation of faster rebalancing in the oil market. Key

EU Commission to propose EU budget worth €1.1 trillion – Reuters

The next EU budget proposed by the European Commission will be worth €1.1 trillion and will include the coronavirus recovery fund, Reuters reported on

Pound Sterling Price News and Forecast: GBP/USD's 50-day EMA, 11-week-old resistance line in focus

Having flashed over 1.0% gains the previous day, GBP/USD buyers catch a breather around 1.2330/35 amid the early Asian session on Wednesday. While bul

Australian construction work fell in Q1

The ABS has released data on the value of construction work done for the March quarter of 2020, which registered another 1.0% seasonally-adjusted decline in total construction activity over the quarter – the seventh consecutive quarterly decline – and a 6.5% decrease over the year:

Economists: UK economy to face 5% annual deficit by 2024 – FT

According to calculations based on forecasts by independent economists, UK is likely to incur an annual deficit of 5% national income by the time of t

Silver Price Analysis: Bounces from $17.00, Wednesday's close pivotal

Silver is currently trading near $17.20 per ounce, representing a 0.65% gain on the day, having defended the psychological support of $17.00 during th

Gold: On the verge of losing the $1700 level

Gold pulled back on Tuesday as the risk theme turned positive and equities rose. The price moves lower toward $1700, FXStreet’s analyst Rajan Dhall re

Businesses need support as Clonmel town centre starts to reopen, says mayor

BOROUGH COUNCIL TO ASSIST BUSINESSES

UK's Frost: EU needs to evolve its position to reach an agreement

The EU's mandate in key areas is not likely to produce an agreement, the UK's chief Brexit negotiator David Frost told reporters on Wednesday. Key quo

Innovations Amid Coronavirus Crisis

When even rich countries have a hard time containing COVID-19, what happens to developing countries where electricity is not a given and clean water is scarce?These countries need ventilators, medical oxygen, masks and other supplies to help them get through the pandemic. VOA's Carol Pearson reports

ECB’s Schnabel: Not adjusting monetary policy in any way in response to German court ruling

In an interview with the Financial Times (FT), Isabel Schnabel, Member of the Executive Board at European Central Bank (ECB), said dismissed the impli

Japan’s new stimulus package to be JPY117.1 trillion – Bloomberg

Citing a document outline the additional stimulus budget, Bloomberg reports that Japan’s new package is likely to be JPY117.1 trillion. more to come .

USD/CAD Price Analysis: Clings to 100-day EMA below 1.3800

USD/CAD consolidates losses from multi-day low while taking rounds to 1.3780/85 during the pre-European session on Wednesday. The Loonie pair dropped

Bayan Muna sa ERC: P108B Meralco 'overbillings' ipabalik sa konsyumer

HINIKAYAT ng Bayan Muna ang Energy Regulatory Commission (ERC) na ipabalik sa Manila Electric Company (Meralco) sa kanilang konsyumers ang bahagi ng 108 billion 'overcharges, over-recoveries at bill deposits na nakolekta nitong nakalipas na mga taon.

STR: Central/South America hotel performance for April 2020

LONDON - Reflecting impact from the COVID-19 pandemic, the Central/South America hotel industry reported historic performance lows during April 2020, according to data from STR. U.S. dollar constant currency, April 2020 vs. April 2019 Occupancy: -79.7% to 11.6% Average daily rate (ADR): -28.7% to US$61.83 Revenue per available room (RevPAR): -85.5% to US$7.17 The absolute occupancy and RevPAR levels were the lowest for any month on record in the region.  Local currency, April 2020 vs. April 2019 Panama Occupancy: -69.2% to 14.0% ADR: -49.1% to PAB47.71 RevPAR: -84.3% to PAB6.69 The

55 Covid-related goods makers keen on investing in PH

Trade and Industry Sec. Ramon Lopez said 55 companies manufacturing products to fight the coronavirus disease 2019 outbreak have expressed interests to invest in the country.

AUD/USD: Looking at the 0.6706 resistance to open upside potential – Credit Suisse

AUD/USD has pushed higher to test of 0.6659/6706, a pivotal resistance area comprising of the 200-day average, the March high, and 78.6% retracement,

Russell 2000: Change to a bullish outlook above the April high at 3024 – Credit Suisse

Analysts at Credit Suisse continue to see scope for a test of a tough resistance at 1429/50 while support is seen higher at 1361/55. Key quotes “We se

EUR/USD: Struggling to run above 1.10

EUR/USD jumped against its American rival to a fresh multi-week high of 1.1030, boosted by the EU budget proposed by the European Commission. However,

USD/INR Price Analysis: Indian Rupee consolidating in a narrowing price range

USD/INR fell by 0.38% on Tuesday, keeping intact a four-week-long narrowing price range represented by trendlines connecting April 30 and May 12 lows

Rotary grants dreams

A global pandemic is not enough to stop Kalamalka Rotary from helping the community.

NZD/USD: Further gains lie ahead if 0.6230 is cleared – UOB

A break above 0.6230 in NZD/USD should open the door to further upside, in opinion of FX Strategists at UOB Group. Key Quotes 24-hour view: “We highli

GBP/USD: Supported but with no room to rise – OCBC

The GBP got a leg higher as BoE’s Haldane provided support for the pound after saying a rate cut to negative is not imminent, forcing the market cut b

Sponsored: Tap into a massive audience by learning to grow your game in Brazil

Presented by Xsolla Brazil’s massive video game audience offers a huge growth opportunity—if you know the best way to approach the market. To help you grow revenue more quickly and easily, Xsolla’s gaming experts have rounded up essential best practices for game sales and operations in Brazil. Download Xsolla’s new guide, How to Grow Your Video Game in Brazil

AUD/USD: Potentially higher with resistance at 0.6659 – OCBC

The broad USD took a serious hit, as investors continue to impute positivity on the back equities and shake off any negative developments in the Sino/

Qatar turns the LNG screw

More excellent news for Australian energy prices. Qatar is flooding the global market, at the AFR:

The reluctance of the Germans and the Dutch to the eurozone investment fund is incomprehensible – Natixis

A large European investment fund would help to bridge the gap in public and corporate investment in many euro-zone countries, finance the energy trans

EUR/USD: A close above the 200-day ma at 1.1012 to fuel upside potential – Commerzbank

EUR/USD has rallied higher and attention has reverted to the 200-day ma and its current May high at 1.1012/19, as Commerzbank’s Karen Jones notes. OCB

USD/ZAR: Falling to 16.50 in a risk-on mode – Credit Suisse

Economists at Credit Suisse mark the 16.50-16.55 area as a short-term level which USD/ZAR could fall to if global risk markets continue to rally. By c

USD/JPY: Gaining bullish strength

The USD/JPY pair continues to trade within familiar levels, now hovering around 107.70 with a mildly bullish bias, according to FXStreet’s Chief Analy

ECB’s de Guindos: Euro area economy to shrink between 8% and 12% in 2020

The European Central Bank (ECB) Vice President Luis De Guindos said on Wednesday, the Euro area economy is expected to shrink between 8% and 12% in 20

GBP/USD: Focus on the strong resistance at 1.2360

GBP/USD Wednesday's four-hour chart is painting a bullish picture with clear resistance at 1.2360, as FXStreet’s analyst, Yohay Elam notes. UBS expect

GBP/USD: Potential move to 1.2400 on the cards – UOB

Cable could extend the upside momentum to the 1.2400 mark in the next weeks, suggested FX Strategists at UOB Group. Key Quotes 24-hour view: “Yesterda

IRISH WATER: Essential repairs impacting Dundalk customers

Irish Water are to carry out essential maintenance on Thursday, impacting customers in Ard Easmuinn, Dundalk and surrounding areas. Customers in these locations may experience low water pressure and/o...

CPP joins fight vs COVID-19

CPPI JOINS FIGHT VS COVID-19 — The Chamber of Pawnbrokers of the Philippines, Inc. (CPPI) joins the fight against COVID-19 and distributes 1,200 KN95 masks to Meycauayan Hospital in Bulacan, Quirino Memorial Medical Center in Quezon City, and Amang Rodriguez Hospital in Marikina City.

Opportunities Emerge In Mid-Caps And Small-Caps - Weekly Market Notes May 26, 2020

All fifty states have now allowed some businesses to re-open and this has added fuel to the stock market rally last week. The market seems to be pricing in a qu

S&P 500 Price Analysis: US stocks battling with the 3000 mark

After the February-March collapse, the S&P 500 is recovering a great part of the lost ground. The market is trading in 2.5-month highs above its main SMA on th

Fairfield by Marriott hotel opens in Camarillo, California

CAMARILLO, CA – The 103-room Fairfield by Marriott hotel in Camarillo, California announces the opening with smart, inventive public space and guest room design, and its bright and inviting decor. Located at 4444 Central Avenue, the custom-built  Fairfield by Marriott Inn & Suites Camarillo will operate as a Marriott franchise, owned and managed by Plantation Bay Hotels, LLC of Irvine, California. Conveniently situated 45 minutes northwest of Los Angeles and 40 minutes south of Santa Barbara, the Fairfield by Marriott Inn

Gold Futures: Downside seen shallow

Open interest in gold futures markets receded for the third consecutive session on Tuesday, this time by around 4.2K contracts according to preliminar

Gold Price Analysis: Pressed to critical support, break or bounce? – Confluence Detector

Gold has been dropping from the highs amid an upbeat market mood that turned unfavorable for the precious metal. Can it recover? XAU/USD is sitting at

EUR/USD: Above key resistance at 1.1019 would mark an important base – Credit Suisse

EUR/USD strength has extended to retest important resistance from its early May high and 200-day average at 1.1009/19, which is being tested and would

EUR/USD: The 1.1012 200-day ma to cap advances – OCBC

The EUR/USD may be headline-driven, as the Franco-German virus recovery plan is tabled for discussion today. Terence Wu, an FX strategist at OCBC Bank

Peakwork welcomes new airline partner, Israel based Aero CRS

DUESSELDORF / TEL AVIV - Israel based flight provider, AeroCRS, is now connected to the Peakwork network. Airlines using the AeroCRS Network can simply activate the API connection with Peakwork to instantly distribute their inventory via the extensive Peakwork distribution channels. Based in Tel Aviv, Israel, AeroCRS provides technology services and distribution connectivity to more than 60 airlines from all over the world. Its technology solutions include inventory management, reservations, flights management, fares management and many more IT services. The AeroCRS

USD/CAD: Short-term bias turned to the downside – Credit Suisse

USD/CAD broke below 1.3856/3793 to suggest a more important move lower, with the support seen initially at 1.3734 being currently tested, the Credit S

GBP/USD: At 1.38 by year-end in the best scenario – UBS

The US dollar appreciated substantially through the crisis as investors sought the liquidity and safe-haven appeal of the US dollar. Nonetheless, anal

EUR/USD put bias weakest in over two months, risk reversals show

One-month EUR/USD risk reversals (EUR1MRR), a gauge of calls to puts on the single currency, jumped to -0.125 on Tuesday. A negative print implies tha

USD/IDR Price News: Indonesian rupiah struggles to justify break of monthly support line

Having benefited from the break of monthly resistance line the previous day, USD/IDR seesaws around 14,755 during Wednesday’s Asian session. Other tha

Silver New York Price Forecast: XAG/USD trades sideways near $17.00/oz

Silver is trading off 10-week tops just below the $17.45 per troy ounce level. Bulls are losing steam as XAG/USD trades below the 50 SMA on the four-hour char

EUR/USD Price Analysis: Potential visit to the 1.1150 region

EUR/USD is prolonging the upside on Wednesday above the 1.10 mark, recording at the same time fresh multi-week peaks around 1.1030. The pair has left

SNB's Jordan: SNB has room to cut interest rates further if necessary

The Swiss National Bank (SNB) has room to cut interest rates further if necessary but -0.75% is seen as the right level currently, SNB Chairman Thomas

US Dollar Index Price Analysis: Rising odds for a move to 98.50

DXY is losing the grip further on Wednesday, extending the decline for the second consecutive session after being rejected from the 100.00 mark at the

Scomoprime brims over

Via Banking Day:

USD/JPY does not rule out a move to 107.20 – UOB

According to FX Strategists at UOB Group, USD/JPY could slip back to the 107.20 region in the short-term horizon. Key Quotes 24-hour view: “USD traded

USD/CHF Price Analysis: Bullish Doji on H4 favors recovery above 0.9650

USD/CHF portrays gradual recovery from the intraday low while taking the bids near 0.9670, up 0.13% on a day, during the pre-European session on Wednesday.

EUR/JPY Price Analysis: Shifts the focus to the 200-day SMA

EUR/JPY is extending the bounce off recent lows in the 117.00 neighbourhood and is trading at shouting distance from the key barrier at 119.00 the fig

EUR/USD: Extra gains expected above 1.1020 – UOB

FX Strategists at UOB Group noted the outlook on EUR/USD remains tilted to the positive side for the time being. Key Quote 24-hour view: “The sudden s

Consumer confidence continues long climb out of gutter

The ANZ-Roy Morgan Australian Consumer Confidence index rose 0.4% to 92.7 in the week to 24 May, its eighth straight increase. However, it has a long way to go to return to ‘normal’ levels:

USD/INR New York Price Forecast: Greenback stabilizing near the 75.75 level vs. Indian rupee

USD/INR is stabilizing above the 75.50 support level while still below the 50 SMA on the daily chart. The market has been struggling to find a direction in Ma

Sydney becomes “biggest tenants market in 20 years”

If you’re looking for a new rental property now could be the time to upgrade to that waterfront view, with prices across the city suffering from a ‘covid-crunch’. @RuthWW #9News pic.twitter.com/MQ7yM4Gu99

EUR/USD Price Analysis: Upside momentum fades below 1.1000

EUR/USD retreats from 1.0996 to currently around 1.0972, down on 0.09% a day, during Wednesday’s Asian session. The pair’s recent pullback takes clues

PBOC sets Yuan reference rate at 7.1092

The People's Bank of China (PBOC) has set the Yuan reference rate at 7.1092 versus Tuesday's fix at 7.1293.

Nkurenkuru Primary Healthcare contractor refuses to hand over the site to new contractors

-A contractor appointed to construct the Nkurenkuru Primary Healthcare facility in 2014, which is still not completed, is refusing to hand over the site to new contractors for the completion of the project.